New orders for manufactured goods in July, up two consecutive months, increased $2 billion or 0.4 percent to $482 billion, according to the U.S. Census Bureau. This followed a 2.2 percent June increase.
Shipments, down three of the last four months, decreased $0.8 billion or 0.2 percent to $483.6 billion. This followed a 0.6 percent June increase.
Unfilled orders, up two consecutive months, increased $2.8 billion or 0.2 percent to $1,198 billion. This followed a virtually unchanged June increase. The unfilled orders-to-shipments ratio was 6.89, down from 6.92 in June.
Inventories, down following three consecutive monthly increases, decreased $0.6 billion or 0.1 percent to $651.2 billion. This followed a 0.3 percent June increase. The inventories-to-shipments ratio was 1.35, unchanged from June.
New orders for manufactured durable goods in July, up two consecutive months, increased $5.1 billion or 2.2 percent to $241.7 billion, up from the previously published 2 percent increase. This followed a 4.1 percent June increase.
Transportation equipment, also up two consecutive months, led the increase, $4.4 billion or 5.5 percent to $84 billion.
New orders for manufactured nondurable goods decreased $3.1 billion or 1.3 percent to $240.3 billion.
Shipments of manufactured durable goods in July, up two consecutive months, increased $2.4 billion or 1 percent to $243.3 billion, virtually unchanged from the previously published increase. This followed a 0.9 percent June increase.
Transportation equipment, also up two consecutive months, led the increase, $2.3 billion or 2.9 percent to $80.7 billion.
Shipments of manufactured nondurable goods, down following three consecutive monthly increases, decreased $3.1 billion or 1.3 percent to $240.3 billion. This followed a 0.4 percent June increase. Petroleum and coal products, also down following three consecutive monthly increases, drove the decrease, $3.7 billion or 7 percent to $48.9 billion.
Unfilled orders for manufactured durable goods in July, up two consecutive months, increased $2.8 billion or 0.2 percent to $1,198 billion, virtually unchanged from the previously published increase. This followed a virtually unchanged June increase.
Transportation equipment, also up two consecutive months, drove the increase, $3.3 billion or 0.4 percent to $803 billion.
Inventories of manufactured durable goods in July, down two of the last three months, decreased $0.3 billion or 0.1 percent to $401.8 billion, down from the previously published virtually unchanged decrease. This followed a 0.4 percent June increase.
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