US Durable Goods Orders Fall 4.5% in May, Core Orders Show Strength

Published: Jun 28, 2026 01:24

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US durable goods orders in May once again revealed a divergence of weak headline figures but a strong core. On June 25, the US Commerce Department reported that US durable goods orders fell 4.5% MoM in May, in line with market expectations and marking the steepest drop in nearly a year—a sharp pullback from the revised 8.5% increase in April. However, excluding transportation equipment, which is subject to large fluctuations, orders rose 1.3% MoM, above the expected 0.5% and the prior 1.1%, indicating that underlying demand in manufacturing remains resilient.

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