US manufactured goods orders increase by 0.9 percent in July 2026 surpassing expectations

In the latest economic data reported for the United States, new orders for manufactured goods in July 2026 rose by 0.9% month-over-month. This increase comes in contrast to the previous month’s decline of 0.3% and surpasses the consensus forecast of a 0.7% increase. The data, which reflects a rebound in demand for manufactured goods, suggests a positive change in the industrial production sector. A rise in factory orders typically indicates increased manufacturing activity and can be a sign that businesses are expecting an uptick in consumer demand. This improvement may also point to a stabilization in the manufacturing sector, which has faced challenges in the earlier months of 2026.

The reported increase in new orders for manufactured goods could have a nuanced impact on the EURUSD currency pair. The stronger-than-expected rise may fuel expectations of an improving U.S. economy, substantiating arguments for a tighter monetary policy by the Federal Reserve. If investors anticipate future interest rate hikes due to robust economic data, the U.S. dollar could appreciate against the euro considering the attractiveness of higher yields. The impact on the EURUSD could be further influenced by upcoming events such as the U.S. Average Hourly Earnings and Nonfarm Payroll Employment reports, both of which could add to the narrative of a strengthening labor market and economic resilience. Positive surprises in these reports could bolster the U.S. dollar’s position, potentially leading to a stronger dollar and a decline in the EURUSD exchange rate. Conversely, if subsequent data underperforms, any gains in the dollar from the new orders for manufactured goods might be tempered, keeping the EURUSD more stable.

📈 EURUSD Price Reaction — 30-Minute Chart