MarketXLS

Core Capital Goods Orders 85.9B for 

Core Capital Goods Orders came in at 85.9B for Jul 2026, up 0.20% from 85.8B the prior month and 12.86% above its level of 76.2B one year ago. The series has averaged 60.6B since 1992, reaching a record high of 85.9B in July 2026 and a record low of 33.9B in February 1992.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

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Cite this data: "Core Capital Goods Orders," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/core-capital-goods-orders

Historical Data

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July 1, 202685.9B
June 1, 202685.8B
May 1, 202684.4B
April 1, 202682.8B
March 1, 202683.3B
February 1, 202680.2B
January 1, 202679B
December 1, 202579.3B
November 1, 202578.6B
October 1, 202577.9B
September 1, 202577.6B
August 1, 202576.8B
July 1, 202576.2B
June 1, 202575.6B
May 1, 202576B
April 1, 202574.6B
March 1, 202575.8B
February 1, 202575.6B
January 1, 202576B
December 1, 202474.6B
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⋮
April 1, 200947.1B
March 1, 200949.3B
February 1, 200950.2B
January 1, 200949.5B
December 1, 200855.5B
November 1, 200860.8B
October 1, 200859.3B
September 1, 200863.9B
August 1, 200866.1B
July 1, 200867.9B
June 1, 200867.8B
May 1, 200868.4B
April 1, 200869.4B
March 1, 200866.5B
February 1, 200866.6B
January 1, 200868.4B
December 1, 200768.1B
November 1, 200765.5B
October 1, 200765B
September 1, 200765.4B

About Core Capital Goods Orders

What it measures

Core Capital Goods Orders (FRED series NEWORDER) measures new orders for nondefense capital goods excluding aircraft, capturing business equipment demand such as machinery, computers, and electrical gear while stripping out lumpy aircraft bookings and government defense contracts. The Census Bureau publishes it monthly within the durable goods report, seasonally adjusted in nominal dollars, and it is the most watched line of that release.

Why it matters

This series is the standard high-frequency proxy for business capital expenditure plans, revealing whether firms are confident enough in future demand to invest in equipment. Capex drives productivity growth and amplifies the business cycle, so a rollover in core orders is a respected early recession warning. GDP forecasters map it almost directly into the equipment investment component, and it is a bellwether for industrial and technology capital-equipment suppliers.

How to read it

Compare orders with the companion core capital goods shipments series: orders above shipments imply a building backlog and future production growth, while the reverse means the pipeline is draining. The data are nominal, so in high-inflation periods flat real investment can masquerade as growth. Month-to-month moves are modest and revised; the year-over-year trend and three-month momentum carry the real signal.

Get Core Capital Goods Orders in Excel

Pull Core Capital Goods Orders directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:

=ManufactureOrdersNondefenseCapitalGoods()

View the Manufacture Orders - Nondefense Capital Goods Except Aircraft formula documentation or browse all 100+ Economic Data functions.

Frequently Asked Questions

What is the current Core Capital Goods Orders?

Core Capital Goods Orders is 85.9B as of July 2026.

What is the all-time high and low of Core Capital Goods Orders?

The highest value on record is 85.9B (July 2026) and the lowest is 33.9B (February 1992).

How often is Core Capital Goods Orders updated?

Core Capital Goods Orders is published on a monthly basis, sourced from Federal Reserve Economic Data (FRED).

How do I get Core Capital Goods Orders in Excel?

Use the MarketXLS Excel formula =ManufactureOrdersNondefenseCapitalGoods() to pull Core Capital Goods Orders directly into any cell, with historical values available for analysis.

Basic info
Manufacturing order for non-defense capital goods(except aircarft) is a document, group of documents, or schedule conveying authority for the manufacture of specified parts or products in specified quantities.
RegionUnited States
FrequencyMonthly
Last updatedAugust 26, 2026
Seasonal adjustmentSeasonally Adjusted
UnitMillions of Dollars

Stats
Last Value85.9B
Latest PeriodJul 2026
Last UpdatedAugust 26 2026, 07:33
Value Previous Month85.8B
Change From Previous Month0.20%
Value 1 Year Ago76.2B
Change From Year Ago12.86%
Average Growth Rate2.74%/yr
Record High (Jul 2026)85.9B
Record Low (Feb 1992)33.9B
Long-Term Average60.6B
FrequencyMonthly
AdjustmentSeasonally Adjusted
UnitMillions of Dollars

Annual Averages
202683.1B
202576.7B
202473.9B
202374.5B
202276.5B
202170.4B
202061.9B
201967B
201866.9B
201761.9B
201660.2B
201563.3B

Related Indicators
Industrial Production: Total Index
Capacity Utilization: Total Index
Total Business Inventories
Advance Real Retail and Food Services Sales
US Light Vehicle Sales
Durable Goods Orders
Commercial and Industrial Loans
Total Consumer Credit
Corporate Profits After Tax
Housing Starts
Building Permits
Housing Units Under Construction
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