24Sep/109:32 AM
Video: Demand for U.S. Capital Goods Increased in August: Video
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Sept. 24 (Bloomberg) -- Orders for U.S. capital equipment rebounded in August, signaling a slowdown in business investment may be less severe than some economists projected. Bookings for goods like computers and communications gear climbed 4.1 percent after a 5.3 percent decline in July that was smaller than previously estimated, figures from the Commerce Department showed today in Washington. Bloomberg's Betty Liu and Michael McKee report. (Source: Bloomberg) |
