New orders for manufactured goods increased 1.8 percent to $478.5 billion, following a 1.1 percent decrease in May. June’s increase followed two consecutive monthly decreases.
New orders for transportation equipment, also following two monthly decreases, grew 9.3 percent to $78.5 billion, as orders for defense and non-defense aircraft and parts increased 31.4 and 65.4 percent. New orders for manufactured durable goods increased slightly, rising 0.4 percent to $243.6 billion.
Shipments increased a half percent to $240.0 billion, up from a 0.4 percent decrease in May. Inventories rose again, increasing 0.6 percent to $403.0 billion. Inventories have increased for twenty-four of the last twenty-five months. Unfilled orders were virtually unchanged from the previous month at $1.194 trillion. Unfilled orders fell a half percent in May.
Read the Census release.
