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US core capital goods orders and shipments increase solidly in December
New orders for key U.S.-manufactured capital goods increased more than expected in December and shipments of these products surged, cementing economists' expectations that business spending on equipment remained solid in the fourth quarter. Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending, rose 0.6% after an upwardly revised 0.8% increase in November, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast these so-called core capital goods orders advancing 0.4% after a previously reported 0.4% gain in November. Shipments ... (full story)
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Feb 18, 2026 5:50pm
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Durable goods orders in the United States decreased 1.4% in December to reach $319.6 billion, the US Census Bureau reported on Wednesday. The figure marks a decline from the November's revised surge of 5.4%. Transportation equipment led the decrease, falling 5.3% to reach $113.5 billion. The new orders, excluding transportation, jumped 0.9%, and excluding ...
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