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U.S. Durable Goods Orders Up 3.4% in June

Wall Street Journal (07/27/15) David Harrison; Eric Morath

Orders for durable goods increased in June, ending two months of declines. New orders for durable goods rose a seasonally adjusted 3.4% in June from May, according to the U.S. Department of Commerce. Economists polled by the Wall Street Journal had forecast orders would increase 2.7%.

The increase in June in part reflects a surge in aircraft demand, a component of the report that often swings sharply from month to month. Orders for nondefense aircraft and parts rose 66.1% in June. Excluding the transportation sector, orders increased 0.8%, the biggest increase since August 2014. Excluding defense, which is a volatile sector, orders increased 3.8%. Orders for nondefense capital goods excluding aircraft rose 0.9%, following a 0.4% decline in May.

Monday’s report suggests that U.S. manufacturers may be rebounding from the challenges presented by a strong dollar, harsh winter weather across much of the country, and a decline in the price of oil, which has depressed spending on mining and oil and gas machinery.

Updated Certification Materials Start Shipping Next Month—Order Yours Today

Next month, ASA will publish new editions of Co-Employment: Employer Liability Issues in Third-Party Staffing Arrangements and Employment Law for Staffing Professionals, which will be available as print textbooks and ebooks. ASA also will release updated exam packages for Certified Staffing Professional® and Technical Services CertifiedSM certification, which will include the new books, updated federal and state workbooks and exam questions, and a new video-based study tool.

Find out more and place your order at All prices include free shipping within the continental U.S. Orders will ship in mid-August.