New orders for manufactured durable goods increased by $5 billion, or nearly 2 percent, in June to $272.6 billion, according to the U.S. Census Bureau.
New orders for manufactured durable goods have increased in eight of the last nine months. June’s increase more than doubled the 0.8 percent rise in May. Transportation equipment led the increase, rising $4.5 billion or 5.1 percent to $92.7 billion.
Unfilled orders for manufactured durable goods increased in June by nearly $8 billion or 0.7 percent to $1.11 trillion. Unfilled orders for transportation equipment led the increase, jumping by $7.7 billion or 1.2 percent to $647.7 billion.
Shipments of manufactured durable goods, which have increased 13 of the last 14 months, did so again in June, up $700 million or 0.3 percent to nearly $270 billion. The increase was much smaller than the 1.5 percent jump in May. Computers and electronic products led the increase, growing by $400 million or 1.4 percent to $29 billion.
Inventories of manufactured durable goods grew by $1.8 billion or 0.4 percent to $484.8 billion. Of those orders, machinery led the increase, jumping by $700 million or nearly 1 percent to $83.1 billion.
Orders for nondefense capital goods orders slightly increased to $84.2 billion. Shipments fell by 0.3 percent to $79.7 billion. Unfilled orders increased by 0.7 percent or $4.5 billion to $628.6 billion. Inventories grew by nearly $1 billion or 0.4 percent to $211.9 billion.