June new orders for manufactured goods decreased 0.8 percent to $440.7 billion. Shipments rose 0.2 percent to $444.3 billion. Unfilled orders increased 0.3 percent to $863.2 billion and inventories increased 0.2 percent to $594.4 billion.
On Wednesday, July 27th, the U.S. Census Bureau will issue the advance report on durable goods for June. This release is important because it impacts Gross Domestic Product (GDP) in two significant ways: exports of goods and business investment in equipment and software. (The first look at GDP for the second quarter will be released on July 29th by the Bureau of Economic Analysis.)