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Durable goods orders

Monthly US Census Bureau data on new orders placed with manufacturers for goods meant to last three years or more. Core capital goods, which exclude defense and aircraft, are watched as a proxy for business investment.

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invest1 publisher

US core capital goods orders jump 14.1% to $88 billion in August

US manufacturers booked $88 billion of core capital goods orders in August, up 14.1% from a year earlier, according to Census Bureau data. Wolf Richter credits the AI build-out, but orders can sit in backlog for months, longer if reported turbine-blade shortages persist.

Publishers:wolfstreet.com

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