US Durable Goods Rebound in June

New orders for manufactured durable goods increased 0.7 percent in June of 2014 after a revised 1 percent fall in May, driven by higher demand for machinery, transport, non-defense aircraft and parts and capital goods.
US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com 7/25/2014 1:51:26 PM
New orders for manufactured durable goods in June increased $1.8 billion to $239.9 billion.

Excluding transportation, new orders increased 0.8 percent in June, following a 0.1 percent fall in May and excluding defense, new orders rose 0.7 percent, accelerating from a 0.2 percent increase in the previous month.

Although orders for defense crafts and parts grew the most in June (15.3 percent), they increased at a slower pace than in May (17.6 percent). Orders for non-defense aircrafts surged 8.2 percent, following a 2.7 percent fall in May and orders for transportation equipment rose 0.6 percent.

US Durable Goods Rebound in June