AI Data Insight
New orders for US durable goods in the latest period (Q3 2026) achieved a month-over-month growth rate of 1.1%, not only far exceeding the previous period's (Q2 2026) 0.3%, but also significantly beating the market consensus of 0.4% to 0.5%. This strong growth was primarily driven by a rebound in the transportation sector, dispelling external concerns about a cooling manufacturing industry. However, core orders excluding transportation items remained sluggish, and the resilience of economic data is expected to keep the Federal Reserve cautious about cutting interest rates in the short term.