Orders placed with U.S. factories for business equipment unexpectedly declined in June, suggesting companies remained cautious about capital spending due to trade and government policy uncertainty.
WASHINGTON (Reuters) -New orders for key U.S.-manufactured capital goods increased more than expected in July, suggesting business spending on equipment got off to a strong start in the third quarter.
New orders for manufactured durable goods fell 9.3% to $311.85 in June, the largest monthly decline since 2020. Excluding transportation, new orders increased 0.2 percent. Excluding defense, new ...
WASHINGTON, Sept 25 (Reuters) - New orders for key U.S.-manufactured capital goods unexpectedly increased in August, but a decline in shipments of these goods suggested a moderate pace of growth in ...
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