Factory Orders Rose 8.2% in May

Washington, DC, July 3, 2025-New orders for manufactured goods in May, up five of the last six months, increased $48.5 billion or 8.2% to $642.0 billion, the U.S. Census Bureau reported.

This followed a 3.9% April decrease. Shipments, up following two consecutive monthly decreases, increased $0.7 billion or 0.1% to $599.4 billion. This followed a 0.3% April decrease.

Unfilled orders, up ten of the last eleven months, increased $47.7 billion or 3.4% to $1,455.4 billion. This followed a virtually unchanged April decrease. The unfilled orders-to-shipments ratio was 6.98, up from 6.77 in April.

Inventories, up seven of the last eight months, increased $0.8 billion or 0.1% to $944.1 billion. This followed a 0.1% April decrease. The inventories-to-shipments ratio was 1.58, unchanged from April.