Core business spending on equipment had another month of volatility, with orders falling by a sizable 0.7% in June. … READ MORE >
capital goods shipments
Business investment loses momentum in July
Orders for capital goods that exclude defense and aircraft—a proxy for future business spending—rose by 0.1% on the month. That followed a downward revision in June that reduced a 0.1% gain to a 0.4% decline. … READ MORE >