Wednesday, July 29, 2009

JUN DGO: New Orders up $12B MAY to JUN!

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New Orders

[Seasonally adjusted] New orders for manufactured durable goods in June decreased $4.1 billion or 2.5 percent to $158.6 billion, the U.S. Census Bureau announced today. This decrease followed two consecutive monthly increases including a 1.3 percent May increase. Excluding transportation, new orders increased 1.1 percent. Excluding defense, new orders decreased 0.7 percent.

Shipments

[Seasonally adjusted] Shipments of manufactured durable goods in June, down eleven consecutive months, decreased $0.3 billion or 0.2 percent to $168.3 billion. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992 and followed a 2.6 percent May decrease.

Unfilled Orders

Unfilled orders for manufactured durable goods in June, down nine consecutive months, decreased $6.6 billion or 0.9 percent to $740.1 billion. This followed a 0.3 percent May decrease.

Inventories

Inventories of manufactured durable goods in June, down six consecutive months, decreased $3.0 billion or 0.9 percent to $318.8 billion. This followed a 1.1 percent May decrease.

Capital Goods Industries

Nondefense

Nondefense new orders for capital goods in June decreased $1.8 billion or 3.4 percent to $51.3 billion.

Defense

Defense new orders for capital goods in June decreased $3.4 billion or 28.3 percent to $8.6 billion.

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