The increase in US corporate equipment orders in June exceeded expectations, putting an end to the strong performance of capital investment in the first half of the year. Orders for core capital goods increased 0.9% in June, according to data released by the US Department of Commerce on Monday. The May data showed an increase of 1.9% after being revised up. All durable goods orders increased 0.3% in June.

The increase in US corporate equipment orders in June exceeded expectations, putting an end to the strong performance of capital investment in the first half of the year. Orders for core capital goods increased 0.9% in June, according to data released by the US Department of Commerce on Monday. The May data showed an increase of 1.9% after being revised up. All durable goods orders increased 0.3% in June.