New orders for manufactured durable goods in May decreased 2.2 percent to $230.7 billion, according to the U.S. Census Bureau. This decrease, down following two consecutive monthly increases, followed a 3.3 percent April increase. Excluding transportation, new orders decreased 0.3 percent. Excluding defense, new orders decreased 0.9 percent.
Transportation equipment, also down following two consecutive monthly increases, led the decrease, $4.8 billion or 5.6 percent to $81.9 billion.
Shipments of manufactured durable goods in May, down three of the last four months, decreased $0.5 billion or 0.2 percent to $231.7 billion. This followed a 0.4 percent April increase.
Transportation equipment, also down three of the last four months, led the decrease, $0.4 billion or 0.5 percent to $80 billion.
Unfilled orders for manufactured durable goods in May, up four of the last five months, increased $2 billion or 0.2 percent to $1,139.4 billion. This followed a 0.6 percent April increase.
Transportation equipment, up three consecutive months, led the increase, $1.9 billion or 0.2 percent to $785.2 billion.
Inventories of manufactured durable goods in May, down 10 of the last 11 months, decreased $1.1 billion or 0.3 percent to $382.5 billion. This followed a 0.4 percent April decrease.
Machinery, down nine of the last ten months, led the decrease, $0.5 billion or 0.8 percent to $65.4 billion.
Nondefense new orders for capital goods in May decreased $0.6 billion or 0.8 percent to $73.8 billion. Shipments increased $0.8 billion or 1.2 percent to $72.8 billion. Unfilled orders increased $1.1 billion or 0.2 percent to $708.6 billion. Inventories decreased $0.6 billion or 0.3 percent to $171.3 billion.
Defense new orders for capital goods in May decreased $3.7 billion or 28 percent to $9.5 billion. Shipments increased $0.2 billion or 2.1 percent to $9.8 billion. Unfilled orders decreased $0.3 billion or 0.2 percent to $140.3 billion. Inventories decreased $0.1 billion or 0.3 percent to $20.8 billion.
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