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US businesses boosted equipment spending heading into 2025


//business-finance.news-articles.net/content/202 .. oosted-equipment-spending-heading-into-2025.html
Published in Business and Finance on Tuesday, January 28th 2025 at 15:20 GMT by Reuters   Print publication without navigation

  • New orders for key U.S.-manufactured capital goods increased more than expected in December, but business spending on equipment was likely muted in the fourth quarter after a strike at Boeing disrupted aircraft deliveries.

The article from Reuters, published on January 28, 2025, discusses the unexpected rise in U.S. core capital goods orders for December 2024. Orders for non-defense capital goods excluding aircraft, a key indicator of business spending on equipment, increased by 0.5%, surpassing economists' expectations of a 0.2% rise. This growth suggests a robust business investment climate despite concerns over economic slowdowns. The report also highlighted that shipments in this category, which feed into GDP calculations, rose by 0.3%. However, the overall durable goods orders fell by 0.6%, primarily due to a significant drop in transportation equipment orders, including a 6.7% decrease in motor vehicle orders. This mixed data reflects a complex economic environment where certain sectors continue to thrive while others face challenges.

Read the Full Reuters Article at:
[ https://www.reuters.com/markets/us/us-core-capital-goods-orders-rise-more-than-expected-december-2025-01-28/ ]

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