Advance Report: New Orders for Durable Goods Grew 7.3% in June
Increase of manufactured durable goods is second in a row following the double-digit growth in May, which had been preceded by two decreases during the height of the coronavirus crisis.
durable goods
Advance Report: New Orders for Durable Goods Grew 15.8% in May
New orders for manufactured durable goods in May increased $26.6 billion or 15.8% to $194.4 billion, according to the U.S. Census Bureau. This increase in durable goods orders, up following two consecutive monthly decreases, followed an 18.1% April decrease. Excluding transportation, new orders increased 4%. Excluding defense, new orders increased 15.5%. Transportation equipment, also up …
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