Posted September 6, 2018

Manufactured goods orders decreased in July

New orders for manufactured goods decreased 0.8 percent  in July to $497.8 billion, the U.S. Census Bureau reported today.

This followed a 0.6 percent June increase.

New orders for manufactured durable goods, down three of the last four months, decreased 1.7 percent to $247.2 billion, unchanged from the previously published decrease. This followed a 0.9 percent June increase. Transportation equipment, also down three of the last four months, drove the decrease, falling 5.2 percent to $83.0 billion.

New orders for manufactured nondurable goods increased $0.5 billion or 0.2 percent to $250.6 billion.