Updated: 26-Aug-26 09:57 ET
Highlights
- Durable goods orders rose 1.1% month-over-month in July (Briefing.com consensus 0.5%) after a revised 0.5% increase (from 0.3%) in June.
- Excluding transportation, durable goods orders were up 0.4% month-over-month (Briefing.com consensus 0.5%) after increasing a revised 1.1% (from 0.6%) in June.
- New orders for primary metals increased 1.5% after rising 1.6% in June.
- New orders for fabricated metal products rose 0.4% after falling 0.2% in June.
- New orders for machinery were up 1.2% for the second consecutive month.
- New orders for computers and electronic equipment were down 1.1% after rising 1.1% in June.
- Transportation equipment orders rose 2.3% after falling 0.5% in June.
- The key takeaway from the report is that the headline beat was driven by a 12.7% jump in orders for nondefense aircraft and parts while growth in orders excluding transportation undershot expectations slightly due in part to a pullback in new orders for computers and electronic products (-1.1%). However, these orders are still up a healthy 14.3% year-over-year.
| Category | JUL | JUN | MAY | APR | MAR |
| Total Durable Orders | 1.1% | 0.5% | -4.0% | 8.5% | 1.3% |
| Less Defense | 1.3% | 0.3% | -4.3% | 8.5% | -0.3% |
| Less Transport | 0.4% | 1.1% | 1.8% | 1.5% | 1.1% |
| Transportation | 2.3% | -0.5% | -13.5% | 22.4% | 1.8% |
| Capital Goods | 1.3% | 1.2% | -13.0% | 22.3% | 2.9% |
| Nondefense | 2.0% | 0.6% | -15.3% | 25.0% | -1.2% |
| Nondefense/nonaircarft (core cap gds) | 0.2% | 1.7% | 1.9% | -0.6% | 3.8% |
| Defense Cap Goods | -1.5% | 3.6% | -1.6% | 10.5% | 26.0% |
