Research >> Economics
New orders for durable goods increased 4.9%, ex-trans 0.8%
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New orders for manufactured durable goods in July increased $7.8 billion or 4.9 percent to $168.4 billion, the U.S. Census Bureau announced today. This was the third increase in the last four months and the largest percent increase since July 2007. This followed a 1.3 percent June decrease. Excluding transportation, new orders increased 0.8 percent. Excluding defense, new orders increased 4.3 percent.
Shipments of manufactured durable goods in July, up two consecutive months, increased $3.5 billion or 2.0 percent to $173.1 billion. This followed a 0.7 percent June increase.
Unfilled orders for manufactured durable goods in July, down ten consecutive months, decreased $0.4 billion or 0.1 percent to $740.2 billion. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992 and followed a 0.8 percent June decrease.
Inventories of manufactured durable goods in July, down seven consecutive months, decreased $2.7 billion or 0.8 percent to $314.1 billion. This followed a 1.5 percent June decrease.
Posted: August 26, 2009 Wednesday 08:30 AM