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The Economic Times

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US core capital goods orders climb 0.9% in June, beats expectations

U.S. manufacturing showed resilience in June with increased equipment investment. New orders for capital goods excluding aircraft rose significantly last month. Shipments of core capital goods also improved, indicating strong business spending. This trend supports expectations for steady economic growth through the second quarter. Artificial intelligence expansion continues to drive this manufacturing and economic activity.

27 Jul 2026 9:48 pm