Economic Trends
U.S. Cutting Tool Orders Tick Down in August, Shipments Hold Steady
October 21, 2026
Economic Trends
Advance: Transportation Drives July Durable Goods Orders Drop
New orders for manufactured durable goods in July were down following four consecutive monthly increases, according to U.S. Census Bureau data.
New orders for manufactured durable goods in July were down following four consecutive monthly increases.
July orders decreased $15.5 billion or 5.2% to $285.9 billion, according to a monthly advance report released by the U.S. Census Bureau on Aug. 24.
This decrease followed a 4.4% June increase, which was revised down from 4.7%.
Transportation equipment, also down following four consecutive monthly increases, drove the decrease, $16.4 billion or 14.3% to $98.7 billion.
Excluding transportation, new orders increased 0.5%. Excluding defense, new orders decreased 5.4%.
U.S. Durable Goods Orders 2022-2023, Seasonally Adjusted, Month-to-Month Percentage Change
source: tradingeconomics.com
