Updated: 03-Apr-26 10:35 ET
Highlights
- Durable goods orders were flat month-over-month in January (Briefing.com consensus 0.7%).
- Excluding transportation, durable goods orders rose 0.4% month-over-month (Briefing.com consensus 0.5%) after increasing a revised 1.3% (from 0.9%) in December.
- New orders for primary metals increased 0.8% after rising 2.4% in December.
- New orders for fabricated metal products increased 0.6% after increasing 0.9% in December.
- New orders for machinery were up 0.2% after rising 0.3% in December.
- New orders for computers and electronic equipment rose 0.8% after jumping 3.4% in December.
- The key takeaway from the report is that the flat headline reading masked a solid 0.9% increase in nondefense capital goods orders, which is a proxy for business investment.
| Category | JAN | DEC | NOV | OCT | SEP |
| Total Durable Orders | 0.0% | -0.9% | 5.4% | -2.1% | 0.6% |
| Less Defense | 0.5% | -1.9% | 6.6% | -1.3% | 0.1% |
| Less Transport | 0.4% | 1.3% | 0.4% | 0.1% | 0.6% |
| Transportation | -0.9% | -4.6% | 15.2% | -6.3% | 0.7% |
| Capital Goods | -1.1% | -3.2% | 15.3% | -5.6% | 2.6% |
| Nondefense | 0.9% | -6.7% | 20.3% | -4.0% | -1.0% |
| Nondefense/nonaircarft (core cap gds) | 0.0% | 0.8% | 0.8% | 0.3% | 1.0% |
| Defense Cap Goods | -11.8% | 21.6% | -10.7% | -13.2% | 24.3% |
