Overview
- Nondefense capital goods orders excluding aircraft rose 1.1% in July after a revised 0.6% decline in June, topping a 0.2% forecast.
- Shipments of core capital goods increased 0.7% in July, a positive signal for third‑quarter GDP.
- Total durable‑goods orders fell 2.8% as nondefense aircraft bookings dropped 32.7%, while orders excluding transportation advanced 1.1%.
- Boeing reported 31 aircraft orders in July versus 116 in June, highlighting the sector’s month‑to‑month volatility.
- Unfilled orders were little changed at $1.469 trillion and inventories rose 0.3% to $590.8 billion, pointing to ongoing production support.