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U.S. Core Capital Goods Orders Rise as AI Spending Accelerates

U.S. Core Capital Goods Orders Rise as AI Spending Accelerates

U.S. capital goods orders strengthened in June as businesses increased spending on computers, electronic products, and electrical equipment. The latest federal data shows where demand is building, why shipments matter for economic growth, and which manufacturing categories remain uneven despite stronger technology-related activity. Key Takeaways Core capital goods orders rose 0.9% in June after a revised

U.S. Core Capital Goods Orders Rise as AI Spending Accelerates

U.S. Core Capital Goods Orders Rise as AI Spending Accelerates

U.S. capital goods orders strengthened in June as businesses increased spending on computers, electronic products, and electrical equipment. The latest federal data shows where demand is building, why shipments matter for economic growth, and which manufacturing

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"It is amazing what you can accomplish if you do not care who gets the credit."

Harry S. Truman