US: New orders for manufactured durable goods in June increased $14.9 billion

Eren Sengezer FXStreet

"New orders for manufactured durable goods in June increased $14.9 billion or 6.5 percent to $245.6 billion," the U.S. Census Bureau announced on Thursday.

Key highlights:

This increase, up following two consecutive monthly decreases, followed a 0.1 percent May decrease
Excluding transportation, new orders increased 0.2 percent
Excluding defense, new orders increased 6.7 percent. Transportation equipment, also up following two consecutive monthly decreases, led the increase, $14.6 billion or 19.0 percent to $91.6 billion
Shipments of manufactured durable goods in June, down three of the last four months, decreased $0.1 billion or virtually unchanged to $236.0 billion
Unfilled orders for manufactured durable goods in June, up three of the last four months, increased $14.2 billion or 1.3 percent to $1,135.6 billion

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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