Manufactured durable goods up by 2.3 percent in May
New orders for manufactured durable goods increased by 2.3 percent in May to $253.3 billion.
This increase, up 12 of the last 13 months, followed a 0.8 percent April decrease. Excluding transportation, new orders increased 0.3 percent. Excluding defense, new orders increased 1.7 percent. Transportation equipment, up following two consecutive monthly decreases, led the increase, $5.2 billion or 7.6 percent to $74.2 billion.
Shipments increased 0.4 percent to $248.3 billion. This followed a virtually unchanged April decrease. Machinery, up seven of the last eight months, led the increase, $0.4 billion or 1.1 percent to $35.1 billion.
Unfilled orders increased 0.8 percent to $1,209.3 billion. This followed a 0.4 percent April increase. Transportation equipment, up three of the last four months, led the increase, $3.1 billion or 0.4 percent to $806.2 billion.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
