New orders for manufactured goods in June, down two consecutive months, decreased $2.3 billion or 0.3 percent to $656.5 billion, the U.S. Census Bureau reported today. This followed a 1.1 percent May decrease. Shipments, down following six consecutive monthly increases, decreased $1.1 billion or 0.2 percent to $652.1 billion. This followed a 1.6 percent May increase. Unfilled orders, up twenty-three of the last twenty-four months, increased $9.6 billion or 0.6 percent to $1,590.6 billion. This followed a 0.7 percent May increase. The unfilled orders-to-shipments ratio was 6.86, down from 6.90 in May. Inventories, up nine consecutive months, increased $0.9 billion or 0.1 percent to $962.9 billion. This followed a 0.2 percent May increase. The inventories-to-shipments ratio was 1.48, up from 1.47 in May.
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