Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Durable Goods Orders Rose In June

WASHINGTON (UPI) — New orders for durable goods climbed higher than expected in June, the U.S. Commerce Department said Thursday.

Durable goods orders jumped 4.2 percent to $244.5 billion in June, coming in well above the consensus forecast that called for a 0.5 percent increase.

It was the third consecutive month in which growth exceeded expectations and the fourth month out of the past five in which fresh orders for factories rose.

In May, new orders rose 5.2 percent.

The U.S. Census Bureau said orders for big-ticket transportation items — ships, trucks, planes and railroad cars — also rose for the fourth month out of the past five, climbing by $9.9 billion or 12.8 percent to $87.1 billion.

Excluding transportation orders, durable goods orders still rose slightly. Without defense included, new orders rose 3 percent, the Bureau said.

Shipments of durable goods, down in two of the past three months, declined slightly after rising by 1.3 percent in May, the monthly report said.

Unfilled orders, also up four of the past five months, rose by 2.1 percent to $1,029.4 trillion.

The Commerce Department revised figures for May. New orders were revised from $485 billion to $488.9 billion. Shipments were revised from $483.6 billion to $484.1 billion. Unfilled orders in May was revised from $1,004.8 billion to $1,008 billion.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Durable Goods Orders Rose In June”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.