The impact of AI investment and the easing of tariff concerns showed up across much of the data. … READ MORE >
capital goods shipments
Volatile capital spending reflects tariff turbulence
Core business spending on equipment had another month of volatility, with orders falling by a sizable 0.7% in June. … READ MORE >
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 >