New orders for manufactured goods increased 0.7% in June, after growing an unrevised 0.4% in May, the Commerce Department reported Thursday.

Economists polled by IFR Markets expected orders to be up 0.7%.

Excluding transportation, new orders rose 0.4%, after a 0.8% gain the previous month. Excluding defense, orders were up 0.9% after a 0.1% decrease in May.

Durable goods orders were 0.8% higher in June after a 0.3% decrease in May, while nondurable goods orders gained 0.5% in June after a 1.1% rise in May.

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