New orders for manufactured goods in June, down two consecutive months, decreased $6.9 billion or 1.5 percent to $447.4 billion, the US Census Bureau reported today. This followed a 1.2 percent May decrease.
Shipments, up four consecutive months, increased $3.1 billion or 0.7 percent to $460.0 billion. This followed a 0.1 percent May increase.
Unfilled orders, down following three consecutive monthly increases, decreased $9.6 billion or 0.8 percent to $1,128.0 billion. This followed a virtually unchanged May increase. The unfilled orders-to-shipments ratio was 6.81, down from 6.89 in May.
Inventories, down 13 of the last 14 months, decreased $0.5 billion or 0.1 percent to $619.1 billion. This followed a 0.1 percent May decrease. The inventories-to-shipments ratio was 1.35, down from 1.36 in May.
New orders for manufactured durable goods in June, down two consecutive months, decreased $9.0 billion or 3.9 percent to $219.8 billion, up from the previously published 4.0 percent decrease. This followed a 2.9 percent May decrease. Transportation equipment, also down two consecutive months, led the decrease, $8.5 billion or 10.5 percent to $72.1 billion.
Shipments of manufactured durable goods in June, up two of the last three months, increased $1.0 billion or 0.4 percent to $232.4 billion, virtually unchanged from the previously published increase. This followed a 0.3 percent May decrease. Transportation equipment, also up two of the last three months, drove the increase, $1.1 billion or 1.4 percent to $81.1 billion.
Unfilled orders for manufactured durable goods in June, down following three consecutive monthly increases, decreased $9.6 billion or 0.8 percent to $1,128.0 billion, up from the previously published 0.9 percent decrease. This followed a virtually unchanged May increase. Transportation equipment, also down following three consecutive monthly increases, led the decrease, $9.0 billion or 1.2 percent to $774.8 billion.
Inventories of manufactured durable goods in June, down 11 of the last 12 months, decreased $1.0 billion or 0.3 percent to $381.3 billion, down from the previously published 0.2 percent decrease. This followed a 0.4 percent May decrease. Transportation equipment, down five consecutive months, drove the decrease, $1.3 billion or 1.0 percent to $122.9 billion.