Tag Archives: core capital goods orders

New orders for key U.S.-manufactured capital goods rose more than expected in November, signaling that business spending on equipment remained resilient heading into the final quarter of the year. Orders for non-defense capital goods excluding aircraft—a widely followed gauge of business investment—increased by 0.7% in November, following a downwardly revised …

New orders for key U.S.-made capital goods steadily increased in August. Business related spending is thus kept on track for another quarter of strong growth.“Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, rose 0.5% last month. These so-called core capital goods orders gained …