08142020Fri
Last updateFri, 14 Aug 2020 6pm

Manufacturing & The Economy

Orders for Durable Goods in U.S. Increased Last Month

New orders for manufactured durable goods in June increased $14.0 billion or 7.3% to $206.9 billion, the U.S. Department of Commerce announced. This increase, up two consecutive months, followed a 15.1% May increase. Excluding transportation, new orders increased 3.3%. Excluding defense, new orders increased 9.2%.

Due to recent events surrounding COVID-19, many businesses are operating on a limited capacity or have ceased operations completely.

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