Thursday, July 26, 2012

Durable Goods


Advance Report on Durable Goods Manufacturers’ Shipments, Inventories andOrders June 2012
“New orders for manufactured durable goods in June increased $3.4 billion or 1.6 percent to $221.6 billion, the U.S. Census Bureau announced today. This increase, up two consecutive months, followed a 1.6 percent May increase. Excluding transportation, new orders decreased 1.1 percent. Excluding defense, new orders decreased 0.7 percent.”
“The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total May exports of $183.1 billion and imports of $231.8 billion resulted in a goods and services deficit of $48.7 billion, down from $50.6 billion in April, revised.  May exports were $0.4 billion more than April exports of $182.7 billion.  May imports were $1.6 billion less than April imports of $233.3 billion.”

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