Orders for Manufactured Goods Rose 1.5% in June

Washington, DC, August 3, 2021-New orders for manufactured goods in June, up thirteen of the last fourteen months, increased $7.4 billion or 1.5% to $506.0 billion, the U.S. Census Bureau reported. This followed a 2.3% May increase.

Shipments, also up thirteen of the last fourteen months, increased $7.6 billion or 1.6% to $499.0 billion. This followed a 0.9% May increase.

Unfilled orders, up five consecutive months, increased $11.5 billion or 1.0% to $1,223.1 billion. This followed a 1.0% May increase. The unfilled orders-to-shipments ratio was 6.94, down from 6.96 in May.

Inventories, up twelve of the last thirteen months, increased $7.4 billion or 1.0% to $740.7 billion. This followed a 1.1% May increase. The inventories-to-shipments ratio was 1.48, down from 1.49 in May.