Tags: transportation | manufactured goods | commerce department

Orders for Big-Ticket US Manufactured Goods Jumped 11.2%

a long line of unsold 2018 QX60 sports-utility vehicles sits at an Infiniti dealership
(David Zalubowski/AP Photo)

Wednesday, 26 August 2020 08:58 AM

Orders to U.S. factories for big-ticket manufactured goods jumped 11.2% in July, the third consecutive monthly gain.

The Commerce Department reported Wednesday that the July advance followed a 7.7% increase in June.

The July increase was led by a strong advance in the volatile transportation sector, which was up 35.6%. Excluding transportation sector, orders would have risen by a more modest 2.4%.

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Orders to U.S. factories for big-ticket manufactured goods jumped 11.2% in July, the third consecutive monthly gain. The Commerce Department reported Wednesday that the July advance followed a 7.7% increase in June. The July increase was led by...
transportation, manufactured goods, commerce department
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2020-58-26
Wednesday, 26 August 2020 08:58 AM
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