The 2020 Mid-Year Economic Update_long

New Orders Rise 1.3% in July

New orders for manufactured durable goods in July increased $2.9 billion or 1.3% to $219.3 billion, the U.S. Census Bureau announced. This was the third consecutive monthly increase and followed a 1.3% June increase. Excluding transportation, new orders increased 0.7%. Excluding defense, new orders increased 2.8%.
 
Shipments of manufactured durable goods in July, up three of the last four months, increased $5.3 billion or 2.5% to $218.3 billion. This followed a 0.9% June increase.
 
Unfilled orders for manufactured durable goods in July, up 29 of the last 30 months, increased $6.6 billion or 0.8% to $824.4 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.9% June ...

New orders for manufactured durable goods in July increased $2.9 billion or 1.3% to $219.3 billion, the U.S. Census Bureau announced. This was the third consecutive monthly increase and followed a 1.3% June increase. Excluding transportation, new orders increased 0.7%. Excluding defense, new orders increased 2.8%.
 
Shipments of manufactured durable goods in July, up three of the last four months, increased $5.3 billion or 2.5% to $218.3 billion. This followed a 0.9% June increase.
 
Unfilled orders for manufactured durable goods in July, up 29 of the last 30 months, increased $6.6 billion or 0.8% to $824.4 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.9% June increase.
 
Inventories of manufactured durable goods in July, up twelve of the last 13 months, increased $2.7 billion or 0.8% to $335.8 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.8% June increase.
 
Nondefense new orders for capital goods in July increased $4.5 billion or 6.3% to $76.3 billion.
 
Defense new orders for capital goods in July decreased $2.9 billion or 25.7% to $8.4 billion.

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