New orders, shipments increase

Manufacturing News, Source : TheManufacturer.com
Published : 25 Aug 2004 17:30

New orders for manufactured durable goods in July increased $3.2 billion, or 1.7 percent, to $195.6 billion, the Census Bureau of the US Department of Commerce reported today.

The rise followed a 1.1 percent increase in June. Transportation equipment had the largest increase, $3.1 billion, or 5.6 percent, to $58.9 billion, due to non-defense aircraft and parts, which increased $6.2 billion. Primary metals increased $0.8 billion or 5.8 percent to $14.8 billion.

Shipments of manufactured durable goods in July increased $0.3 billion, or 0.1 percent, to $196.8 billion. This followed a 1.1 percent June increase. Year-to-date, shipments for 2004 were 10.7 percent above the same period a year ago. Machinery had the largest increase, $0.8 billion, or 3.2 percent, to $25 billion. Computers and electronic products increased $0.7 billion, or 1.7 percent, to $38.8 billion.

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