Investing.com investing.com 23 Dec, 2020 14:45 am

U.S. core capital goods orders, shipments rise in November By Reuters

U.S. core capital goods orders, shipments rise in November By Reuters
U.S. core capital goods orders, shipments rise in November

-made capital goods increased for a seventh straight month in November, suggesting business investment could offset slowing consumer spending and keep the economy on a moderate growth path in the fourth quarter.Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, rose 0.These so-called core capital goods orders jumped 1.Economists polled by Reuters had forecast core capital goods orders increasing 0.

Core capital goods orders increased 0.Shipments of core capital goods increased 0.

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