Tags: us | capital goods | orders

US Core Capital Goods Orders Rise Less Than Expected

shipping containers stacked at port
(FREDERIC J. BROWN/AFP via Getty Images)

Monday, 26 April 2021 08:59 AM EDT

New orders for key U.S.-made capital goods rebounded less than expected in March, but that is unlikely to change expectations that economic growth accelerated in the first quarter as massive government aid and an improving public health environment boosted demand.

Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, increased 0.9% last month, the Commerce Department said on Monday. These so-called core capital goods orders fell 0.8% in February after bitterly cold temperatures gripped large parts of the country.

Economists polled by Reuters had forecast core capital goods orders increasing 1.5% in March. 

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
New orders for key U.S.-made capital goods rebounded less than expected in March, but that is unlikely to change expectations that economic growth accelerated in the first quarter as massive government aid and an improving...
us, capital goods, orders
99
2021-59-26
Monday, 26 April 2021 08:59 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved