Posted August 3, 2011
Manufactured goods orders fall
New orders for manufactured goods decreased 0.8 percent in June to $440.7 billion, the U.S. Census Bureau reported today.
Orders have fallen in two of the last three months, and the June decrease follows a 0.6 percent May increase. Excluding transportation, new orders increased 0.1 percent.
Shipments, up following two consecutive monthly decreases, increased $1.0 billion or 0.2 percent to $444.3 billion. This followed a slight May decrease.
New orders for manufactured durable goods, down two of the last three months, decreased 1.9 percent in June to $192.4 billion, revised from the previously published 2.1 percent decrease. This followed a 2.0 percent May increase.
