- Lowest since January
- Prior +13.9
Details:
- New orders: 14.6 vs 20.7 prior
- Shipments: 8.5 vs 27.8 prior
- Unfilled orders: 3.2 vs 9.1 prior
- Delivery times: 14.1 vs 8.5 prior
- Inventories: -4.8 vs -9.4 prior
- Prices paid: 24.0 vs 19.8 prior
- Prices received: 13.7 vs 24.2 prior
- Employment: -5.7 vs 15.2 prior
- Average workweek: -2.3 vs -1.6 prior
Six-month ahead expectations:
- General business conditions: 15.4 vs 38.7 prior
- New orders: 10.4 vs 31.3 prior
- Capital expenditures: 12.0 vs 7.4 prior
A special question asked about the annual percent change firms will receive for goods and services cold and that fell to 2.8% from 3.0% in May.
Overall, this is a softer report and of the handful of reports released today at the same time, this is the only one showing any real weakening.
