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New orders for manufactured durable goods in July increased $9.7 billion or 4.4 percent to $228.9 billion, the U.S. Census Bureau announced today. This increase, up following two consecutive monthly decreases, followed a 4.2 percent June decrease. Excluding transportation, new orders increased 1.5 percent. Excluding defense, new orders increased 3.8 percent.
Inventories of manufactured durable goods in July, up following six consecutive monthly decreases, increased $1.2 billion or 0.3 percent to $383.0 billion. This followed a 0.1 percent June decrease.
Revised seasonally adjusted June figures for all manufacturing industries were: new orders, $447.0 billion (revised from $447.4 billion); shipments, $460.2 billion (revised from $460.0 billion); unfilled orders, $1,127.4 billion (revised from $1,128.0 billion); and total inventories, $619.6 billion (revised from $619.1 billion).
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