Overview
- The Census Bureau's advance report released Monday, July 27, 2026, showed new orders for durable goods rose just 0.3%, missing Wall Street forecasts near 2.5%.
- Core orders that exclude transport equipment increased 0.6%, a smaller gain than expected, while computers and electronic products jumped about 3.1% and were the main contributor to the headline gain.
- Manufacturers continued to ship goods and fill backlogs as shipments, unfilled orders, and inventories all rose in June, signaling ongoing production despite weak new order demand.
- Orders for nondefense capital goods excluding aircraft — a key proxy for business investment — climbed in June, offering a limited sign that companies are still buying equipment.
- The June figure is an early estimate that will be revised in the Factory Orders report in early August, and traders view the softer print as likely to shift money toward riskier assets if it lowers expectations for near-term Fed rate hikes.