The U.S. economy exhibited signs of cooling off as the latest figures for Goods Orders Excluding Defense and Aircraft reflected a slower growth rate in August 2025. According to the data updated on September 25, 2025, the indicator for non-defense capital goods orders, excluding aircraft, reached 0.6% in August, down from July's refined figure of 1.1%.
This decrease in the growth rate raises concerns among economists who have been monitoring these indicators closely for signs of economic stability amidst global uncertainties. The month-over-month comparison reveals a tempered confidence among businesses in placing new orders, possibly due to a combination of lingering supply chain issues and cautious consumer spending in certain market sectors.
While the 0.6% increase signifies continued growth, albeit at a slower pace, it serves as an indication for policymakers and investors to gauge future economic strategies and investments. As the situation unfolds, analysts will be keenly observing how these trends evolve over the coming months, offering insights into the broader economic landscape of the United States.
