With orders for transportation equipment showing a substantial increase, the Commerce Department released a report on Thursday showing that new orders for U.S. manufactured durable goods rose by much more than expected in the month of June.
The report said durable goods orders surged up by 4.2 percent in June following an upwardly revised 5.2 percent jump in May. Economists had expected orders to rise by 1.5 percent compared to the 3.7 percent increase that had been reported for the previous month.
Excluding the 12.8 percent jump in orders for transportation equipment, durable goods orders were unchanged in June compared to a 1.0 percent increase in May.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.