June Durable Goods Orders Up 3.4%
Washington, DC, July 27,
2015—New orders for manufactured durable goods in June increased $7.7 billion
or 3.4% to $235.3 billion, the U.S. Census Bureau has announced.
This increase, up following
two consecutive monthly decreases, followed a 2.1% May decrease.
new orders increased 0.8%.
Excluding defense, new
orders increased 3.8%.
also up following two consecutive monthly decreases, led the increase, $6.4
billion or 8.9% to $78.4 billion.
Inventories of manufactured
durable goods in June, up twenty-four of the last twenty-five months, increased
$1.6 billion or 0.4% to $402.3 billion. This was at the highest level since the
series was first published on a North American Industry Classification System basis
in 1992 and followed a 0.2% May decrease.
Transportation equipment, up
two of the last three months, led the increase, $0.7 billion or 0.5% to $130.8