New factory orders data released Wednesday confirm an extraordinary surge in American defense manufacturing, with orders for defense capital goods running 53 percent above last year’s pace through the first four months of 2026 as the military works to replenish equipment and munitions deployed in the Iran war.
The Census Bureau’s full manufacturing orders report for April showed defense capital goods orders at $22.3 billion for the month, up 7.3 percent from March’s revised $20.8 billion. The month-over-month pace is striking enough, but the year-over-year comparison is more revealing: defense capital goods orders in April alone ran 91.6…
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