U.S. Durable Goods Orders Fall More Than Expected in June
U.S. durable goods orders fell more than economists expected in June, highlighting weaker business investment and softer manufacturing demand ahead of a busy week for financial markets. The decline was driven by lower orders for transportation equipment, particularly commercial aircraft, while core capital goods orders remained closely watched as a measure of business spending. Markets are now assessing whether slowing manufacturing activity could influence the Federal Reserve’s policy outlook.
Investors are focusing on upcoming U.S. GDP, inflation, and employment data, along with the Federal Reserve’s interest-rate decision later this week. Economists say the durable goods report provides another indication that businesses remain cautious because of tariff uncertainty, higher borrowing costs, and global economic risks.
