September 25, 2026
A report released by the Commerce Department on Friday showed new orders for U.S. manufactured durable goods came in nearly flat in August. The Commerce Department said durable goods orders were virtually unchanged in August following a 0.9% increase in July. Durable goods orders came in nearly flat for the month as a pullback in orders for transportation equipment offset strength in other areas. Orders for transportation equipment fell by 0.6% in August after surging by 1.2% in July. Excluding the decrease in orders for transportation equipment, durable goods orders rose by 0.3% in August after climbing by 0.7% in July.
The report showed significant growth in orders for primary metals, machinery and electrical equipment, appliances, and components, while orders for fabricated metal products fell sharply. The Commerce Department also said orders for non-defense capital goods excluding aircraft, a key indicator of business spending, shot up by 1.6% in August after climbing by 0.6% in July. Shipments in the same category, which is the source data for equipment investment in GDP, increased by 0.6% in August after jumping by 1.4% in July. 09/25/2026 - 09:43:00 (RTTNews)
Euro traded at 1.1399 against USD at 9:00 AM PST
German consumer confidence is set to fall in October as rising energy prices dragged down income expectations. The consumer sentiment index fell from -26.8 in September to -30.6 in October. The score was seen at -27.1. Households became more skeptical about their income expectations for the coming twelve months as they expect higher energy prices to reduce their purchasing power.
The income expectations index plunged 16.7 points to -15.0 in September, the lowest since April 2026, shortly before the introduction of the fuel rebate. A noticeable increase in the willingness to save also weighed on consumer sentiment. Amid rising energy prices and economic uncertainty, consumers believed it was better to save.
The willingness to save indicator advanced six points to 21.5 in September. A similarly high level was last reported during the financial crisis in 2008. The willingness to save increased more sharply among households with a strong financial position. In contrast to income expectations and the willingness to save, the willingness to buy dropped by only one point to -10.8. Consumers' economic expectations improved for the fifth month straight in September. The corresponding index rose from -3.9 in August to -3.4. 09/25/2026 - 04:34:00 (RTTNews)
Spain's economy grew at a slightly faster pace in the June quarter, underpinned by robust domestic demand. Gross domestic product (GDP) rose 0.7% in the second quarter, slightly faster than the 0.6% growth in the first quarter. Domestic demand contributed 1.1% to growth, while external demand contributed 0.5% to a decrease.
Household spending and government expenditure climbed 1.2% and 0.5%. Meanwhile, gross fixed capital formation was up 1.7%. Exports of goods and services posted a quarterly growth of 1.0%, while imports grew more sharply by 2.6%. Yearly, economic growth decreased from 2.7% in the second quarter to 2.6%. The rate was like that of the previous quarter. 09/25/2026 - 06:40:00 (RTTNews)
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