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U.S. Durable Goods Orders Plunge 9.3% Amid Trade Uncertainty

7/26/2025

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Summary

Story summary

U.S. durable goods orders dropped 9.3% in June 2025, totaling $311.8 billion after a 16.5% increase in May.
A significant 22.4% decline in transportation equipment orders, especially aircraft, drove this decrease.
Excluding transportation, new orders saw a slight increase of 0.2%.
Core capital goods orders fell by 0.7%, reversing a 2.0% rise in May.
Analysts link this volatility to uncertainties in trade policy impacting business investment.

History

Historical Context

The U.S. financial crisis in 2008 led to a 30% drop in durable goods orders, with transportation equipment orders significantly affected. This trend resurfaced in June 2025, when orders declined by 22.4%. Such fluctuations underscore how trade policy uncertainties can disrupt business investment, suggesting that ongoing trade negotiations will continue to impact U.S. economic stability and manufacturing output.

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Story summary

U.S. durable goods orders dropped 9.3% in June 2025, totaling $311.8 billion after a 16.5% increase in May.
A significant 22.4% decline in transportation equipment orders, especially aircraft, drove this decrease.
Excluding transportation, new orders saw a slight increase of 0.2%.
Core capital goods orders fell by 0.7%, reversing a 2.0% rise in May.
Analysts link this volatility to uncertainties in trade policy impacting business investment.

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