Last updateThu, 09 Jul 2020 3pm

Manufacturing & The Economy

Durable Goods Order Up 2.0% in July

New orders for manufactured durable goods in July, up two consecutive months, increased $5.0 billion or 2.0% to $250.2 billion, down from the previously published 2.1% increase. This followed a 1.8% June increase. Transportation equipment, also up two consecutive months, drove the increase, $5.7 billion or 7.0% to $86.4 billion.

Shipments of manufactured durable goods in July, down following two consecutive monthly increases, decreased $2.9 billion or 1.1% to $253.9 billion, unchanged from the previously published decrease. This followed a 0.9% June increase.

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