The total amount of purchase orders amounted to 273.5 billion dollars, the same level as in June when analysts expected a slight increase.
Durable goods orders stabilized in the United States in July, a month marked by the fall in orders for military aircraft, according to Commerce Department data released on Wednesday.
The total amount of orders amounted to 273.5 billion dollars, the same level as in June, for which the data was revised upwards (+2.2% instead of +1.9%). originally announced).
Analysts had expected new orders to rise 1%, according to MarketWatch consensus.
They are up 10.8% over one year.
New orders for military aircraft and parts tumbled nearly 50% following jumping 78.1% in June.
On the other hand, new orders for civil aircraft (+14.5%), computers (+4%) and capital goods (+3.6%) increased.
Excluding the volatile transport sector, new orders rose by 0.3% between June and July.
“The complicated backdrop of tighter spending, very high inflation and tougher financial conditions will weigh on business sentiment and restrain capital spending,” Oren Klachkin of Oxford Economics predicted in a note.
“The upside is that improving supply chain conditions will make it easier for companies to pursue their investment plans and we don’t think higher interest rates will limit plans too much. capital expenditure,” added the economist.
Goods considered durable are those that have been used for three years or more, such as cars, appliances or electronics.
The amounts are not adjusted for inflation, which means that households and businesses can buy fewer goods for the same amount.
