New orders for manufactured goods in May, down two consecutive months, decreased $3.7 billion or 0.8% to $464.9 billion, the U.S. Department of Commerce reports. This followed a 0.3% April decrease. Shipments, up five of the last six months, increased $0.6 billion or 0.1% to $471.5 billion.
New orders for manufactured durable goods in May, down two consecutive months, decreased $1.9 billion or 0.8% to $229.1 billion, up from the previously published 1.1% decrease. This followed a 0.8% April decrease.