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US manufactured goods orders up 2.3% in June

 :2023-08-07 Source:lesprom Category: Data

New orders for U.S.-manufactured goods in June 2023, up six of the last seven months, increased $13.4 billion, or 2.3% to $592.0 billion. This followed a 0.4% May increase, the U.S. Census Bureau reported.


Shipments, up two consecutive months, increased $0.7 billion, or 0.1% to $573.9 billion. This followed a 0.4% May increase.


Unfilled orders, up six of the last seven months, increased $23.1 billion, or 1.8% to $1,325.1 billion. This followed a 0.8% May increase. The unfilled orders-to-shipments ratio was 6.74, up from 6.64 in May.


Inventories, down four of the last five months, decreased $0.3 billion or virtually unchanged to $853.1 billion. This followed a 0.2% May decrease. The inventories-to-shipments ratio was 1.49, unchanged from May.




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