May Durable Goods Orders Rise More Than Projected Amid Commercial Aircraft Boost

03:53 PM EDT, 06/26/2025 (MT Newswires) -- US durable goods orders increased more than expected in May, buoyed mainly by robust demand for commercial planes, government data showed Thursday.

Orders for tangible items with an average life of at least three years rose 16% sequentially to about $343.59 billion last month, the Census Bureau said. That's the biggest monthly increase since July 2014, according to Stifel.

The consensus was for an 8.5% increase in a survey compiled by Bloomberg. In April, new orders fell by 6.6%, according to government data.

New orders for transportation equipment jumped 48% in May, with the nondefense aircraft and parts component soaring nearly 231%.

"Boeing (BA) bookings soared to the highest level since 2014, while autos rebounded," BMO Capital Markets Senior Economist Priscilla Thiagamoorthy said in a report published Thursday.

Earlier this month, data from the US plane maker showed it secured 303 orders last month, accounting for more than half of its orders in the first five months of the year.

Excluding transportation, durable goods orders in May rose 0.5% versus Wall Street's views for a flat print.

New orders for nondefense capital goods increased 49% last month, while the defense component jumped 39%, the Census Bureau said.

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