Updated: 25-Jun-26 10:09 ET
| May Durable Orders |
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| Updated: 25-Jun-26 10:09 ET |
Highlights
- Durable goods orders declined 4.5% month-over-month in May (Briefing.com consensus: -3.2%) following an upwardly revised 8.5% increase (from 7.9%) in April.
- Excluding transportation, durable goods orders were up a sturdy 1.3% month-over-month (Briefing.com consensus: 0.5%) following an upwardly revised 1.4% increase (from 1.1%) in April.
Key Factors
- New orders for primary metals increased 3.0% after rising 2.6% in April.
- New orders for fabricated metal products increased 1.5% after increasing 4.1% in April.
- New orders for machinery were up 1.9% after increasing 1.3% in April.
- New orders for computers and electronic equipment rose 0.3% after sliding 0.4% in April.
- Transportation equipment orders fell 14.0% after increasing 22.4% in April.
Big Picture
- The key takeaway from the report is that there was a healthy pickup in business spending in May, evidenced by the 1.6% increase in new orders for nondefense capital goods excluding aircraft.
| Category | MAY | APR | MAR | FEB | JAN |
| Total Durable Orders | -4.5% | 8.5% | 1.3% | -1.2% | -0.4% |
| Less Defense | -4.6% | 8.4% | -0.3% | -1.2% | 0.2% |
| Less Transport | 1.3% | 1.4% | 1.1% | 1.2% | 0.4% |
| Transportation | -14.0% | 22.4% | 1.8% | -5.6% | -1.9% |
| Capital Goods | -13.6% | 22.2% | 2.9% | -6.5% | -3.0% |
| Nondefense | -15.7% | 24.9% | -1.2% | -7.9% | -0.9% |
| Nondefense/nonaircarft (core cap gds) | 1.6% | -0.7% | 3.8% | 1.6% | -0.3% |
| Defense Cap Goods | -3.4% | 10.4% | 26.0% | 2.1% | -14.1% |
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