Updated: 25-Sep-25 09:33 ET
| August Durable Orders |
 |
|
| Updated: 25-Sep-25 09:33 ET |
Highlights
- Durable goods orders increased 2.9% month-over-month in August (Briefing.com consensus: -0.5%) following an upwardly revised 2.7% decline (from -2.8%) in July.
- Excluding transportation, durable goods orders rose 0.4% month-over-month (Briefing.com consensus: -0.1%) following a downwardly revised 1.0% increase (from 1.1%) in July.
Key Factors
- New orders for primary metals rose 0.1% after increasing 1.5% in July.
- New orders for fabricated metal products rose 0.7% after increasing 0.9% in July.
- New orders for machinery jumped 1.3% after increasing 1.4% in July.
- New orders for computers and electronic equipment slipped 0.1% after increasing 0.5% in July.
- New orders for transportation equipment surged 7.9% after declining 9.4% in July.
Big Picture
- The key takeaway from the report is the nondefense capital good orders, excluding aircraft-a proxy for business spending-jumped 0.6% on the heels of a 0.8% increase in July.
| Category | AUG | JUL | JUN | MAY | APR |
| Total Durable Orders | 2.9% | -2.7% | -9.4% | 16.5% | -6.6% |
| Less Defense | 1.9% | -2.3% | -9.4% | 15.7% | -7.7% |
| Less Transport | 0.4% | 1.0% | 0.4% | 0.6% | 0.0% |
| Transportation | 7.9% | -9.4% | -22.7% | 48.5% | -17.6% |
| Capital Goods | 4.8% | -9.0% | -22.6% | 48.7% | -15.1% |
| Nondefense | 5.1% | -8.6% | -24.4% | 49.9% | -19.2% |
| Nondefense/nonaircarft (core cap gds) | 0.6% | 0.8% | -0.6% | 1.9% | -1.5% |
| Defense Cap Goods | 3.5% | -11.4% | -11.0% | 41.1% | 26.8% |
|
|