Posted July 3, 2024
Durable goods orders clocks another tiny increase
New orders for manufactured durable goods in May, up four consecutive months, increased $0.3 billion or 0.1% to $283.1 billion, the U.S. Census Bureau announced.
This followed a 0.2% April increase.
Excluding transportation, new orders decreased 0.1%. Excluding defense, new orders decreased 0.2%.
Transportation equipment, up three of the last four months, drove the increase, $0.5 billion or 0.6% to $95.4 billion.
INDUSTRIAL SUPPLY MAGAZINE
The July/August issue of Industrial Supply magazine features an in-depth cover story about Singer Industrial. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Rachael Radford, as well as interviews with numerous product and distribution industry experts.
