US durable goods orders up 1.7% in May - Breaking The News

US durable goods orders up 1.7% in May

27 June

1 min read

EPA/STR

New orders for manufactured durable goods in the United States rose 1.7% in May compared to the month before, bringing the total figure to $288.2 billion, according to a report by the US Census Bureau released on Tuesday.

Excluding transportation, new orders rose 0.6% month on month, while excluding defense, they climbed 3%. Transportation equipment orders jumped 3.9% to stand at $102.6 billion.

Meanwhile, shipments of manufactured durable goods climbed by 1.7% to $282.7 billion in May and unfilled orders for manufactured durable goods increased 0.8% to $1,302 billion.

data durable goods

China's manufacturing PMI rises to 51.2 in March

an hour ago

The Caixin China General Manufacturing Purchasing Managers' Index (PMI) came in above the neutral 50 mark in March, landing at a four-month high of 51.2 against last month's figure of 50.8, S&P Global said in its report on Tuesday. The result beat expectations and marked the sixth successive month in which the index came above the neutral 50 mark. "Overall, in March, supply and demand kept expanding, and export growth continued. Employment...

Japan's factory downturn deepens in March

2 hours ago

The Japanese Jibun Bank Flash Manufacturing PMI Index landed at 48.4 in March, S&P Global's report released on Monday showed. The headline figure landing below the neutral 50 marks a downturn in Japan's manufacturing activity, as well as a 0.6-point drop from the figure seen in February. "Japan's manufacturing sector slipped deeper into decline at the end of the first quarter of 2025, with the headline PMI hitting a one-year low," Economics Associate...

Australian retail sales up by 0.2% in February

2 hours ago

Australian retail sales rose by 0.2% month-on-month in February, slightly lower than expected, according to a Tuesday report from the country's Bureau of Statistics (ABS). The country's monthly turnover landed at 37.1 billion Australian dollars and, compared to February 2024, climbed 3.6%. "Retail spending in February remains steady, with mixed results across the industries," said Robert Ewing, ABS head of business statistics. "Like the January month, it was...

Japan's unemployment rate rises shrinks to 2.4% in February

3 hours ago

Japan's unemployment rate landed at 2.4% in February on a monthly seasonally adjusted basis, according to a report by the nation's Statistics Bureau, released on Monday. The figure stood in line with expectations, shrinking slightly from last month's jobless rate of 2.5%. The ratio of job openings slid to 1.24, down from last month's 1.26, which indicates a slight decline in labor demand.

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.