Today’s release of the Durable Goods Manufacturers’ Shipments, Inventories and Orders Report (M3) showed that new orders for manufactured durable goods increased in May by $1.9 billion (adjusted for seasonality, but not for inflation) or 0.7 percent to $267.2 billion while new orders for durable consumer goods declined by 0.62% to $42.9 billion.
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Durable Goods Orders – Consumer Demand…
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Today’s release of the Durable Goods Manufacturers’ Shipments, Inventories and Orders Report (M3) showed that new orders for manufactured durable goods increased in May by $1.9 billion (adjusted for seasonality, but not for inflation) or 0.7 percent to $267.2 billion while new orders for durable consumer goods declined by 0.62% to $42.9 billion.