New orders for manufactured goods fell 0.1 percent in May to $470.5 billion, the Commerce Department said today. The decline followed a 0.7 percent rise the month before. Shipments were down 0.1 percent, landing at $482.1 billion. Inventories were $649.7 billion, virtually unchanged.

New orders for manufactured durable goods decreased 1.8 percent to $228.9 billion in May, according to the U.S. Census Bureau. New orders for manufactured durable goods has been down three of the last four months.

New orders for durable manufactured goods decreased 0.5 percent to $235.5 billion in April, according to the U.S. Census Bureau. This decrease, down two of the last three months, followed a 5.1 percent increase in March. Excluding transportation, new orders increased 0.5 percent.

After falling 1.4 percent in February, new orders for durable manufactured goods increased by 4.0 percent in March, according to the U.S. Census Bureau.