The following is the unedited transcript of the news release from the U.S. Census Bureau of the Department of Commerce.

Summary

New orders for manufactured goods in June, up four of the last five months, increased $2.7 billion or 0.6 percent to $419.5 billion, the U.S. Census Bureau reported today. This followed a 0.5 percent May decrease. Shipments, down following three consecutive monthly increases, decreased $2.7 billion or 0.6 percent to $414.3 billion. This followed a 0.8 percent May increase. Unfilled orders, up twenty-five of the last twenty-six months, increased $10.4 billion or 1.4 percent to $736.1 billion. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.9 percent May increase. The unfilled orders-to-shipments ratio was 4.95, up from 4.85 in May. Inventories, up fifteen of the last sixteen months, increased $1.6 billion or 0.3 percent to $516.9 billion. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.4 percent May increase. The inventories-to-shipments ratio was 1.25, up from 1.24 in May.

New Orders

New orders for manufactured durable goods in June, up four of the last five months, increased $2.8 billion or 1.3 percent to $216.7 billion, revised from the previously published 1.4 percent increase. This followed a 2.4 percent May decrease.

New orders for manufactured nondurable goods decreased $0.2 billion or 0.1% to $202.9 billion.

Shipments

Shipments of manufactured durable goods in June, down following three consecutive monthly increases, decreased $2.5 billion or 1.2 percent to $211.5 billion, revised from the previously published 1.1 percent decrease. This followed a 0.2 percent May increase.

Shipments of manufactured nondurable goods, down two of the last three months, decreased $0.2 billion or 0.1 percent to $202.9 billion. This was led by chemical products, which decreased $0.1 billion or 0.2 percent to $52.8 billion.

Unfilled Orders

Unfilled orders for manufactured durable goods in June, up twenty-five of the last twenty-six months, increased $10.4 billion or 1.4 percent to $736.1 billion, revised from the previously published 1.5 percent increase. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.9 percent May increase.

Inventories

Inventories of manufactured durable goods in June, up sixteen consecutive months, increased $0.4 billion or 0.1 percent to $313.1 billion, revised from the previously published 0.2 percent increase. This was also at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 0.1 percent May increase.

Inventories of manufactured nondurable goods, up four consecutive months, increased $1.2 billion or 0.6 percent to $203.9 billion. This was led by petroleum and coal products, which increased $0.5 billion or 1.4 percent to $34.6 billion.

By stage of fabrication, June materials and supplies decreased 0.4 percent in durable goods and increased 0.9 percent in nondurable goods. Work in process increased 0.3 percent in durable goods and decreased 0.1 percent in nondurable goods. Finished goods increased 0.5 percent in durable goods and 0.6 percent in nondurable goods.



Available at:

http://www.census.gov/indicator/www/m3/index.htm