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US: New orders for manufactured durable goods in June increased by 1% to $2.5 billion

"New orders for manufactured durable goods in June increased $2.5 billion or 1.0 percent to $251.9 billion," the U.S. Census Bureau reported on Thursday.

Key takeaways from the official publication

  • This increase, up following two consecutive monthly decreases, followed a 0.3 percent May decrease.
  • Excluding transportation, new orders increased 0.4 percent.
  • Excluding defense, new orders increased 1.5 percent.
  • Transportation equipment, also up following two consecutive monthly decreases, led the increase, $1.9 billion or 2.2 percent to $87.7 billion.

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