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U.S. manufacturing technology orders increased in June, reflecting a major monthly rebound and a continued shift toward higher-value automated equipment amid economic uncertainty.
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It was a solid sales gain following a May decline that was revised down further and a flat April.
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Continuing a stretch of pronounced volatility, a plunge in transportation orders — primarily civilian aircraft — drove the June decline after they surged in May.
U.S. construction spending declined in June for the fourth straight month, driven by continued drops in private residential and nonresidential activity.
U.S. manufacturing activity contracted for a fifth straight month in July, as the PMI fell below expectations to its lowest figure since October 2024.
U.S. wholesale inventories rebounded in June, despite expectations of a decline, as the trade deficit narrowed and retail inventories continued to grow.
For the first time in three decades, two Fed governors voted against the consensus and supported a July cut.
The IMF modestly raised its global and U.S. growth forecast for 2025 and 2026, citing easing inflation, improved financial conditions and reduced trade tensions.
U.S. GDP rebounded sharply in the second quarter of 2025, driven by stronger consumer spending and a drop in imports.
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U.S. cutting tool consumption was down from April and year-over-year, as the market continues to face soft demand and economic uncertainty.
U.S. durable goods orders dropped sharply in June, led by a plunge in aircraft demand, though the overall decline was milder than economists anticipated.
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Though still pessimistic overall, the outlook is up notably from a downtrodden spring.
The Conference Board's June 2025 report shows continued decline in its Leading Economic Indicator, signaling slower growth ahead.
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U.S. housing starts rose in June from a downtrodden May but remained slightly below last year’s levels, with weakness in single-family starts and permits.
