Core capital goods orders are forecast to climb 0.9 percent, extending a streak fueled by artificial intelligence infrastructure spending.
US durable goods orders are expected to show a 0.9 percent increase in core capital goods, reflecting sustained business investment driven by AI infrastructure buildout. Total orders are also projected to rise, signaling continued strength in manufacturing demand.
The anticipated gain follows a series of strong prints, with core capital goods orders remaining a key indicator of corporate spending trends. Analysts point to robust capex in technology sectors as a primary driver, though broader economic conditions may influence the final print.
Markets will watch the data closely for signs of resilience in business investment amid shifting monetary policy expectations.