Research >> Economics
June 2021 New Orders for Durable Goods Increased 0.8%, Ex-Trans up 0.3%
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New Orders
New orders for manufactured durable goods in June increased $2.1 billion or 0.8 percent to $257.6 billion, the U.S. Census Bureau announced today. This increase, up thirteen of the last fourteen months, followed a 3.2 percent May increase. Excluding transportation, new orders increased 0.3 percent. Excluding defense, new orders increased 1.0 percent. Transportation equipment, up two consecutive months, led the increase, $1.6 billion or 2.1 percent to $77.5 billion.
Shipments
Shipments of manufactured durable goods in June, up three of the last four months, increased $2.5 billion or 1.0 percent to $250.7 billion. This followed a 0.4 percent May increase. Transportation equipment, up following two consecutive monthly decreases, led the increase, $0.8 billion or 1.1 percent to $71.6 billion.
Unfilled Orders
Unfilled orders for manufactured durable goods in June, up five consecutive months, increased $11.4 billion or 0.9 percent to $1,223.0 billion. This followed a 1.0 percent May increase. Transportation equipment, up four of the last five months, led the increase, $5.8 billion or 0.7 percent to $814.0 billion.
Inventories
Inventories of manufactured durable goods in June, up five consecutive months, increased $3.9 billion or 0.9 percent to $450.5 billion. This followed a 0.9 percent May increase. Transportation equipment, also up five consecutive months, led the increase, $1.4 billion or 0.9 percent to $151.6 billion.
Capital Goods
Nondefense new orders for capital goods in June increased $2.6 billion or 3.1 percent to $88.9 billion. Shipments increased $1.5 billion or 1.9 percent to $79.2 billion. Unfilled orders increased $9.7 billion or 1.3 percent to $742.2 billion. Inventories increased $1.7 billion or 0.8 percent to $199.7 billion. Defense new orders for capital goods in June decreased $0.2 billion or 1.5 percent to $10.3 billion. Shipments decreased less than $0.1 billion or 0.1 percent to $11.8 billion. Unfilled orders decreased $1.5 billion or 0.8 percent to $189.0 billion. Inventories decreased $0.2 billion or 1.0 percent to $20.6 billion.
Revised May Data
Revised seasonally adjusted May figures for all manufacturing industries were: new orders, $498.6 billion (revised from $495.5 billion); shipments, $491.3 billion (revised from $490.4 billion); unfilled orders, $1,211.6 billion (revised from $1,209.5 billion) and total inventories, $733.2 billion (revised from $731.6 billion).
Posted: July 27, 2021 Tuesday 08:30 AM