Orders for all durable goods - products expected to last at least three years - were up by 5.6%.

BBC: US factory orders rise thanks to aircraft sales

Considering the drop in new export orders in June to 47.5 from 50.4 and 52.2, Chang now thinks that domestic orders likely improved last month, suggesting more demand from consumers and therefore local corporates tied to the domestic economy.

FORBES: China's Economy Stabilizing, Latest Data Shows