Latest news with #businessspending
Bloomberg
27-05-2025
- Business
- Bloomberg
US Core Capital Goods Orders Fall by Most Since October
00:00 Good morning. Durable goods orders. This morning, we're keeping track of what businesses are spending to see how they've been affected by the tariffs and they have been affected, although the headline number down 6.3% is really a Boeing story, as it almost always is. Boeing orders down 51% during the month of April. The computers and electronic products, computers and related products, communications equipment, all this stuff that we get from Asia down on the month. So capital goods orders, non-defense X air down 1.3% after rising by 3/10 of a percent the month before. So it looks like we are seeing something of a pullback in business spending as they get ready for tariffs.
Reuters
27-05-2025
- Business
- Reuters
US core capital goods orders tumble in April
WASHINGTON, May 27 (Reuters) - New orders for key U.S.-manufactured capital goods fell in April, suggesting business spending on equipment weakened at the start of the second quarter. Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, tumbled 1.3% last month after an upwardly revised 0.3% gain in March, the Commerce Department's Census Bureau said on Tuesday. Economists polled by Reuters had forecast these so-called core capital goods orders dipping 0.1% after a previously reported 0.2% drop in March.
Zawya
27-05-2025
- Business
- Zawya
US core capital goods orders tumble in April
New orders for key U.S.-manufactured capital goods fell in April, suggesting business spending on equipment weakened at the start of the second quarter. Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, tumbled 1.3% last month after an upwardly revised 0.3% gain in March, the Commerce Department's Census Bureau said on Tuesday. Economists polled by Reuters had forecast these so-called core capital goods orders dipping 0.1% after a previously reported 0.2% drop in March. (Reporting by Lucia Mutikani Editing by Ros Russell)
