US durable goods orders fell 2,1% in June to $191,98 billion. The data comes from the Department of Commerce, which records a decrease in orders for the second time in three months, a sign that the still weak economy weighs on the country's manufacturing sector. The result goes against the estimates of analysts who had predicted a rise of 0,4%. Durable goods orders rose 1,9% in May, revised down from a previously estimated 2,1%.
The drop that weighed the most on the June indicator was in airplane orders. Excluding transportation, durable goods orders rose 0,1%, after growing 0,7% the previous month. Total orders excluding defense fell 1,8% in June, after growing 1,5% in May. Shipments increased 0,5%, while inventories grew 0,4%. Orders yet to be delivered, an important indicator for future demand, grew 0,2%.
