FX.co ★ U.S. Core Factory Orders Rebound in July, Signaling Resilient Manufacturing Momentum

U.S. factory orders excluding transportation rebounded in July 2026, rising 0.6% month-over-month, according to data updated on 2 September 2026. The pickup follows a slight 0.1% decline in June 2026, suggesting a firmer underlying trend in core manufacturing activity.

The “ex transportation” measure strips out the often volatile aircraft and vehicle categories, providing a clearer view of fundamental demand. On a month-over-month basis, July’s gain marks a notable turnaround from June’s dip, indicating that core order books strengthened as manufacturers moved into the second half of the year.

With the current figure comparing the change in July to June, and the previous figure comparing June to May, the latest data point underscores an improving trajectory in U.S. factory demand outside transportation, a key component for assessing the broader health of the industrial sector.