(Click on image to enlarge)

The Census Department Advance Report on Durable Goods shows a steep plunge, but it aircraft related.

New Orders

• New orders for manufactured durable goods in June, down two of the last three months, decreased $32.1 billion or 9.3 percent to $311.8 billion. This followed a 16.5 percent May increase.
• Excluding transportation, new orders increased 0.2 percent.
• Excluding defense, new orders decreased 9.4 percent.
• Transportation equipment, also down two of the last three months, drove the decrease, $32.6 billion or 22.4 percent to $113.0 billion.

Shipments

• Shipments of manufactured durable goods in June, up seven consecutive months, increased $1.4 billion or 0.5 percent to $302.5 billion. This followed a 0.2 percent May increase.
• Transportation equipment, up six of the last seven months, led the increase, $0.8 billion or 0.8 percent to $98.9 billion.

Durable Goods New Orders and Shipments Detail

(Click on image to enlarge)

It’s real, inflation adjusted numbers that drive GDP so let’s dig in a bit closer.

Durable Goods new orders an Shipments Real Dollars

(Click on image to enlarge)

Durable Goods Real New Orders Percent Change From Year Ago

(Click on image to enlarge)

Durable Goods orders are up 8.0 percent from a year ago but that is skewed by aircraft orders that take a very long time to fill.

Excluding transportation, real orders are down 0.4 percent from a year ago. Real shipments are up a tiny 0.3 percent.

Related Posts

July 23, 2025: Existing-Home Sales Decline 2.7 Percent, Median Price New Record High

Hooray, higher prices? That’s the message from the NAR.

July 23, 2025: The Detroit Automakers Are Upset With Trump’s Japan Trade Deal

The deal will lower tariffs on car imports from Japan to 15% from 25%.

July 24, 2025: New Home Sales Stagnate as Homes for Sale Hits New Post-Covid High

As with existing-home sales, new home sales are stuck in the mud.

Lots of things seem stuck in the mud.

More By This Author: