August 26, 2009
Orders, Shipments Of Manufactured Goods Up In July
By Matthew L. Brown
New orders for manufactured durable goods in July increased $7.8 billion or 4.9 percent to $168.4 billion, according to the U.S. Census Bureau.
The increase was the third increase in the last four months and the largest increase since July 2007.The July increase followed a 1.3 percent June decrease.
Shipments of manufactured durable goods increased by 2 percent to $173 billion in July after a 0.7 percent increase in June.
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