Updated: 26-Aug-25 08:49 ET
Highlights
- Durable orders were down 2.8% month-over-month in July (Briefing.com consensus -3.5%) after a revised 9.4% drop (from -9.3%) in June.
- Excluding transportation, durable goods orders were up 1.1% month-over-month (Briefing.com consensus 0.1%) after increasing a revised 0.3% (from 0.2%) in June.
- New orders for primary metals rose 1.5% after increasing 0.9% in June.
- New orders for fabricated metal products rose 0.7% after decreasing 0.1% in June.
- New orders for machinery rose 1.8% after increasing 0.4% in June.
- New orders for computers and electronic equipment rose 0.6% after increasing 0.5% in June.
- New orders for transportation equipment were down 9.7% after falling 22.7% in June.
- The key takeaway from the report is that nondefense capital goods orders excluding aircraft—a proxy for business investment—increased 1.1% in July after falling 0.6% in June, making this a generally positive report.
| Category | JUL | JUN | MAY | APR | MAR |
| Total Durable Orders | -2.8% | -9.4% | 16.5% | -6.6% | 7.6% |
| Less Defense | -2.5% | -9.5% | 15.7% | -7.7% | 9.0% |
| Less Transport | 1.1% | 0.3% | 0.6% | 0.0% | -0.2% |
| Transportation | -9.7% | -22.7% | 48.5% | -17.6% | 23.5% |
| Capital Goods | -8.8% | -22.6% | 48.7% | -15.1% | 21.7% |
| Nondefense | -8.7% | -24.4% | 49.9% | -19.2% | 27.2% |
| Nondefense/nonaircarft (core cap gds) | 1.1% | -0.6% | 1.9% | -1.5% | 0.3% |
| Defense Cap Goods | -9.7% | -11.0% | 41.1% | 26.8% | -15.0% |
