WASHINGTON – New orders for manufactured goods rose 0.6 percent to $419.5 billion in June, according to the U.S. Census Bureau. New orders for nondurable goods dipped 0.1 percent to $202.9 billion.
Shipments of durable goods decreased 1.2 percent to $211.5 billion. Shipments of nondurable goods were down 0.1 percent to $202.9 billion, due mostly to a 0.2 percent drop in chemical products.
Unfilled orders for durable goods rose 1.4 percent to $736.1 billion, its highest level since 1992.
Inventories of durable goods edged up 0.1 percent to $313.1 billion, also reaching its highest level since 1992. Inventories of nondurable goods increased 0.6 percent to $203.9 billion, led by a 1.4 percent increase in petroleum and coal products.
Materials and supplies decreased 0.4 percent in durable goods and rose 0.9 percent in nondurable goods. Work in process rose 0.3 percent in durable goods and went down 0.1 percent in nondurable goods. Finished goods rose 0.5 percent in durable goods and 0.6 percent in nondurable goods.
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