New orders for core capital goods, a proxy for business investment, came in higher than forecast in June, rising by 0.2%, the Commerce Department reported on Thursday. … READ MORE >
core capital good orders
Business spending on equipment falls more than expected
Orders and shipments of core capital goods that exclude defense and aircraft spending, a key measure of private business investment, both fell by 0.4% in March. … READ MORE >
Business spending on equipment rose in January
Investments in business equipment posted a sharp rebound in January after two consecutive months of disappointing declines. … READ MORE >
Core capital goods investments grow while pending home sales fall
Although the top-line durable goods orders number remained flat on the month in July, core capital goods orders increased by 0.4%, beating estimates. In a separate report, pending home sales fell by 1% in July. … READ MORE >