New orders for manufactured goods in July, up following two consecutive monthly decreases, increased $5.8 billion or 0.9% to $663.6 billion, the U.S. Census Bureau reported. This followed a 0.2% decrease in June.
New orders for manufactured durable goods in July, up four of the last five months, increased $3.6 billion or 1.1% to $339.4 billion, unchanged from the previously published increase. This followed a 0.6% June increase. Transportation equipment, up following two consecutive monthly decreases, led the increase, $2.6 billion or 2.3% to $116.2 billion. New orders for manufactured nondurable goods increased $2.2 billion or 0.7% to $324.2 billion.
Shipments of manufactured durable goods in July, up ten of the last eleven months, increased $3.1 billion or 0.9% to $334.6 billion, down from the previously published 1.0% increase. This followed a 1.0% June increase. Transportation equipment, up nine of the last ten months, led the increase, $1.4 billion or 1.3% to $111.6 billion. Shipments of manufactured nondurable goods, up seven of the last eight months, increased $2.2 billion or 0.7% to $324.2 billion. This followed a 0.9% June decrease. Petroleum and coal products, up six of the last seven months, led the increase, $1.6 billion or 2.4% to $69.8 billion.
Unfilled orders for manufactured durable goods in July, up twenty-four of the last twenty-five months, increased $9.9 billion or 0.6% to $1,600.3 billion, unchanged from the previously published increase. This followed a 0.6% June increase. Transportation equipment, up eleven of the last twelve months, led the increase, $4.6 billion or 0.5% to $1,006.3 billion.
Inventories of manufactured durable goods in July, up ten consecutive months, increased $2.4 billion or 0.4% to $604.7 billion, unchanged from the previously published increase. This followed a 0.4% June increase. Primary metals, up seventeen consecutive months, led the increase, $0.8 billion or 1.5% to $52.0 billion. Inventories of manufactured nondurable goods, up five of the last six months, increased $1.1 billion or 0.3% to $362.2 billion. This followed a 0.3% June decrease.
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