US core capital goods orders rise in June

The United States — United States Department of Commerce reported on July 27, 2026, that new orders for core capital goods (non-defense capital goods excluding aircraft) rose 0.9% in June, following an upwardly revised 1.9% increase in May. Shipments of core capital goods surged 1.9%, the largest advance since December 2021, driven by robust demand for computers and electronic products, electrical equipment, and machinery. The AI build-out is propping up manufacturing and limiting the drag from the Middle East war and tariffs. Orders for durable goods rebounded 0.3% after a 4.0% drop in May. Boeing reported receiving 121 commercial aircraft orders in June, up from 27 in May. The data suggests the economy maintained a fairly strong pace of growth in the second quarter, with GDP expected to grow at a 2.1% annualized rate. The United States — Federal Reserve is expected to leave interest rates unchanged at 3.50%-3.75%.