WASHINGTON – New orders for manufactured goods in June, up four of the last five months, rose 1.2% to $406 billion, the highest level in the 14 years U.S. Census Bureau has tracked the data.
Shipments, down two of the last three months,
Unfilled orders, up thirteen of the last fourteen months, rose 1.6% to $621.4 billion, the highest level since the series began and following a 0.7% May increase.
Unfilled orders-to-shipments ratio was 4.23, up from 4.18 in May. Inventories, up eight of the last nine months, 0.8%. The inventories-to-shipments ratio was 1.16, up from 1.15 in May.
New orders for manufactured durable goods, up four of the last five months, rose 2.9%. Shipments were essentially flat. Unfilled orders were up 1.6%, and inventories rose 0.7%.