A rebound in aircraft orders is expected to drive a 2.8 percent increase in US durable goods orders for the latest period.
US durable goods orders are projected to rise 2.8 percent in the latest report, driven by a rebound in aircraft orders. The gain follows volatility in transportation equipment, which has skewed recent data.
Excluding transportation, orders are expected to show a smaller increase, reflecting underlying demand trends. The prior month’s figures were revised lower, adding to expectations for a bounce-back.
Markets will watch the report for signs of manufacturing strength amid broader economic uncertainty.