Posted June 27, 2023
May durable goods up for third consecutive month
New orders for manufactured durable goods in May, up three consecutive months, increased $4.9 billion or 1.7% to $288.2 billion, the U.S. Census Bureau announced June 27.
This followed a 1.2% April increase. Excluding transportation, new orders increased 0.6%. Excluding defense, new orders increased 3.0%.
Transportation equipment, also up three consecutive months, led the increase – $3.9 billion or 3.9% to $102.6 billion.
INDUSTRIAL SUPPLY MAGAZINE
The September/October issue of Industrial Supply magazine features an in-depth cover story about Kurz Industrial Solutions. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Hockett, as well as interviews with numerous product and distribution industry experts.
