Orders for Durable Goods Rose in July by the Most in a Year

Washington, DC, August 26, 2015—New orders for manufactured durable goods, items meant to last at least three years, increased $4.6 billion or 2.0% to $241.1 billion in July, the U.S. Census Bureau has announced.

This increase, up two consecutive months, followed a 4.1% June increase.

Excluding transportation, new orders increased 0.6%. Excluding defense, new orders increased 1.0%.

Shipments of manufactured durable goods in July, up two consecutive months, increased $2.3 billion or 1.0% to $243.2 billion. This followed a 0.9% June increase.

Inventories of manufactured durable goods in July, down two of the last three months, decreased $0.1 billion or virtually unchanged to $402.1 billion. This followed a 0.4% June increase.