FX.co ★ US Durable Goods Orders Fall Less than Expected

In June 2025, durable goods orders in the United States decreased by 9.3% from the previous month, totaling $311.84 billion. This decline countered a revised 16.5% increase observed in May and was slightly less severe than the projected 10.8% decrease. The most significant drop was in transportation equipment orders, which fell by 22.4%, largely due to a 51.8% decline in non-defense aircraft and parts, and a 22.2% drop in capital goods, principally non-defense at 24%. However, when transportation is excluded, new orders experienced a modest increase of 0.2%, and excluding defense, there was a slight uptick of 0.1%. Gains were observed in fabricated metal products (0.2%), machinery (0.4%), primary metals (0.6%), and computers and electronics (0.6%). In contrast, orders for non-defense capital goods minus aircraft, which is a key measure of business investment, fell by 0.7%. This followed a revised 2% increase in May and was below the anticipated 0.2% growth.