Posted July 25, 2024
June durable goods decrease 6.6%
Following four consecutive monthly increases, new orders for manufactured durable goods in June, decreased $18.6 billion or 6.6% to $264.5 billion, the U.S. Census Bureau announced.
This followed a 0.1% May increase.
Excluding transportation, new orders increased 0.5%. Excluding defense, new orders decreased 7.0%.
Transportation equipment, down two of the last three months, drove the decrease, $19.6 billion or 20.5% to $75.8 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.
