"Durable-goods orders show consistent growth, excluding Boeing's impact"

Durable-goods orders in the U.S. rose for the third consecutive month in July, indicating a potential stabilization in the struggling industrial sector. However, when excluding transportation, which includes volatile Boeing orders, durable-goods orders increased by 0.5%. The headline orders, including transportation, dropped by 5.2% due to the fluctuating Boeing orders. Core orders, a measure of broader business investment, edged up 0.1% in July. Business investment has weakened, and companies are becoming more cautious due to rising interest rates. The true condition of the industrial side of the economy may become clearer once interest rates stabilize.