The US Census Bureau reported a 5.0 per cent increase in new orders for manufactured goods in July, reaching $592.1 billion after two months of decline.
Shipments rose 0.9 per cent to $593.8 billion, while unfilled orders grew by 0.2 per cent to $1,386.3 billion.
Inventories increased slightly by 0.1 per cent to $859.4 billion, led by durable goods.
Shipments rose 0.9 per cent to $593.8 billion, while unfilled orders grew by 0.2 per cent to $1,386.3 billion.
Inventories increased slightly by 0.1 per cent to $859.4 billion, led by durable goods.
