New orders for manufactured durable goods increased 1.7 percent ($3.2 billion) to $195.6 billion in July, according to the U.S. Census Bureau of the U.S. Department of Commerce. The increase followed a 1.1-percent June increase.
Shipments of manufactured durable goods increased 0.1 percent ([Article].3 billion) to $196.8 billion. In June, shipments had increased 1.1 percent.
Unfilled orders of manufactured durable goods increased for the 11th month in the past 12 months, up 1.2 percent ($6.2 billion) to $533.5 billion. The July increase followed a 0.6-percent June increase.
Inventories of manufactured durable goods also increased for the eighth consecutive month, by 0.8 percent ($2.2 billion) to $273.7 billion. Inventories had increased 0.8 percent in June as well.