US core capital goods orders post biggest gain in nine months

US core capital goods orders post biggest gain in nine months

New orders for key US-made capital goods increased by the most in nine months in October and shipments rebounded. The Commerce Department said on Wednesday orders for non-defense capital goods excluding aircraft surged 1.2% last month, the largest gain since January. Core capital goods orders accelerated 0.9% on a year-on-year basis.

KCooper
KCooper
Top in Business
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