- FORECAST: The change in new business volumes (NBV) suggests a 4.5% decline in new durable goods orders in June.
- Total new business volume was $9.6 billion on a seasonally adjusted basis in June, a decrease of 7.4% from May.
- NBV year-to-date contracted by 1.8% relative to the same period in 2024.
- Year-over-year, NBV dropped by 3.8% on a non-seasonally adjusted basis.
WASHINGTON, July 24, 2025 (GLOBE NEWSWIRE) — “The latest CapEx Finance Index survey shows an easing in equipment demand and a moderate rise in losses, but delinquencies retreated. Volatility across many indicators is up in 2025, so I’m not taking too much signal from one month of data,” said Leigh Lytle, President and CEO at ELFA. “Still, we’ll be watching the incoming data closely this summer to see if trade policy uncertainty is finally beginning to weigh on equipment and software demand. Even if a slowdown materializes over the next few quarters, our sector is well positioned to handle the turbulence. The drop in the delinquency rate and the relatively low level of losses show that financial conditions remain healthy, providing a buffer against an economic downshift. And the recent passage of permanent 100% expensing and EBITDA-based interest deductibility should strengthen equipment demand over the next few years.”
Equipment demand eased. Month-over-month NBV had the second-largest drop of the year in June; the largest was in January, when volumes decreased by 17.8%. The volume of small ticket deals was $3.1 billion in June, representing a 6.0% decrease from May. Small ticket volumes have …