New orders for manufactured durable goods in June increased $9.9 billion or 4.2 percent to $244.5 billion, the U.S. Census Bureau announced today. This increase, up four of the last five months, followed a 5.2 percent May increase and was at the highest level since the series was first published on a NAICS basis in 1992. Excluding transportation, new orders increased slightly. Excluding defense, new orders increased 3.0 percent.
Transportation equipment, also up four of the last five months, led the increase, $9.9 billion or 12.8 percent to $87.1 billion. This was led by nondefense aircraft and parts, which increased $6.5 billion.
Shipments of manufactured durable goods in June, down two of the last three months, decreased slightly to to $229.8 billion. This followed a 1.3 percent May increase. Machinery, also down two of the last three months, drove the decrease, $0.4 billion or 1.2 percent to $34.2 billion. This followed a 1.1 percent May increase.
To read the full Advance Report on Durable Goods for June, click here.