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New orders for manufactured goods increased 1.8% in June
New orders for manufactured goods in June, up following two consecutive monthly decreases, increased $8.7 billion or 1.8 percent to $478.5 billion, the U.S. Census Bureau reported today. This followed a 1.1 percent May decrease.
Shipments, up following two consecutive monthly decreases, increased $2.2 billion or 0.5 percent to $483.5 billion. This followed a 0.2 percent May decrease.
Unfilled orders, up following two consecutive monthly decreases, increased less than $0.1 billion or virtually unchanged to $1,194.7 billion. This followed a 0.5 percent May decrease. The unfilled orders-to-shipments ratio was 6.94, down from 6.99 in May.
Inventories, up four of the last five months, increased $3.6 billion or 0.6 percent to $653.6 billion. This followed a 0.1 percent May increase. The inventories-to-shipments ratio was 1.35, unchanged from May.
Posted: August 4, 2015 Tuesday 10:00 AM