Economic Impact Group, LLC Economic Data Brief
 
Manufacturing

Factory Orders (M3 Full Report) — July 2026

Released September 2, 2026 · Census Bureau · full release · charts & history on EconomicsGuru
Total manufacturing new orders rose 0.9% in July 2026 to $663.6B, +9.9% from a year ago. Prior month: $657.8B.
New orders
$663.6B
▲ +0.9% m/m
· +9.9% y/y
Core capex
$85.7B
▼ 0.0% m/m
· +12.6% y/y
Shipments
$658.8B
▲ +0.8% m/m
· +8.3% y/y

Revision check

No revision check yet. This is a hand-entered release with no stored history to compare against, so nothing can be said about revisions to prior periods. From the next release onward, every figure is diffed against what was published here.

Key figures

Headline →July 2026June 2026M/M chgM/M %Y/Y chgY/Y %12-period trend
Total manufacturing new orders
millions of dollars, SA — the full report, durables plus nondurables
$663.6B$657.8B▲ +$5.8B▲ +0.9%▲ +$60.0B▲ +9.9%
 
 
 
 
 
 
 
 
 
 
 
 
 
Durable goods orders$339.4B$335.8B▲ +$3.6B▲ +1.1%▲ +$36.4B▲ +12.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
Durable goods ex transportation$223.2B$222.2B▲ +$1.0B▲ +0.4%▲ +$22.3B▲ +11.1%
 
 
 
 
 
 
 
 
 
 
 
 
 
Core capital goods orders (nondefense ex aircraft)$85.7B$85.8B▼ $0.0B▼ 0.0%▲ +$9.6B▲ +12.6%
 
 
 
 
 
 
 
 
 
 
 
 
 
Trend bars show year-over-year % change for index series, the level for rates and survey indexes over the last 13 periods; the latest period is highlighted.
Shipments, backlog and inventories →July 2026June 2026M/M chgM/M %Y/Y chgY/Y %12-period trend
Total shipments$658.8B$653.5B▲ +$5.3B▲ +0.8%▲ +$50.3B▲ +8.3%
 
 
 
 
 
 
 
 
 
 
 
 
 
Unfilled orders$1,600.3B$1,590.4B▲ +$9.9B▲ +0.6%▲ +$131.0B▲ +8.9%
 
 
 
 
 
 
 
 
 
 
 
 
 
Inventories$966.9B$963.4B▲ +$3.5B▲ +0.4%▲ +$18.6B▲ +2.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
Core capital goods shipments (feeds GDP equipment investment)$84.3B$83.3B▲ +$1.0B▲ +1.2%▲ +$8.0B▲ +10.4%
 
 
 
 
 
 
 
 
 
 
 
 
 
Trend bars show year-over-year % change over the last 13 periods; the latest period is highlighted.

What stood out

  • Core capital goods shipments (feeds GDP equipment investment): up 10.4% from a year ago — the fastest pace since February 2022.
  • Inventories: up 2.0% from a year ago — the fastest pace since August 2023.

Sources

Economic Impact Group, LLC
Economic research for developing communities
Prepared 2026-09-03 13:25 UTC. Green marks an increase, red a decrease — direction only, not good or bad.