On the campaign trail, then-GOP nominee Donald Trump promised to end the economic malaise and inflationary policies of the Biden-Harris administration.
Now, just months into his presidency, Trump is delivering on that promise.
New orders for U.S.-manufactured durable goods rose by $2.7 billion, or 0.9%, in February, marking the second straight month of growth, according to the U.S. Census Bureau. Excluding transportation, orders still climbed 0.7%, with the defense sector up 0.8%, showing broad-based strength. Transportation equipment led the way, with orders increasing $1.4 billion, or 1.5%.
This marks back-to-back monthly gains for U.S.-manufactured goods, following a 3.3% surge in January. Shipments of durable goods also rose by $3.4 billion, or 1.2%.
The positive data signals continued strength in manufacturing, supported by Trump’s tariffs on Canada, China, and Mexico, which have encouraged companies to relocate production to the U.S.