Fueled by a second month in a row of increases in the transportation sector, U.S. durable goods orders increased to a notably higher level than expected in June.
According to figures released Thursday by the Commerce Department overall new orders for durable goods came in at $221.6 billion, a 1.6 percent increase from May levels.
Furthermore the increase, which was much higher than most economists expected, came atop revised figures for May that showed a 1.6 percent increase in durable goods orders for that month, higher than the 1.1 percent increase initially reported.
Strong growth in the transportation sector drove much of the increase in overall durable goods orders.
Excluding transportation orders, however, the durable goods orders for June were less encouraging, falling 1.1 percent for the month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.