On Thursday, 25 September 2025 at 13:30 UK time, the U.S. Census Bureau will release August Durable Goods Orders, a timely read on manufacturing momentum and private-sector capex (capital expenditure) that feeds directly into Q3 GDP tracking. Given July’s headline slide (-2.8% m/m) driven largely by transportation volatility, this print matters for two reasons: 1 – whether transportation, especially non-defense aircraft, reverses enough to lift the headline. 2 – whether the underlying trend in core orders (non-defense ex-aircraft) continues to grind higher after July’s encouraging gains. With consensus looking for a ... (full story)