The Zhitong Finance App learned that the increase in US corporate equipment orders in August exceeded expectations, continuing the strong momentum of capital investment this year. According to data released by the US Department of Commerce on Friday, orders for core capital goods (excluding aircraft and military hardware), which are indicators of equipment investment agents, increased 1.6% month-on-month, and the July data was revised up to 0.6%. There was little change in pre-orders for all durable goods (meaning items used for at least three years, including orders for commercial aircraft and military equipment). Boeing reported a decrease in August orders compared to the previous month.

The Zhitong Finance App learned that the increase in US corporate equipment orders in August exceeded expectations, continuing the strong momentum of capital investment this year. According to data released by the US Department of Commerce on Friday, orders for core capital goods (excluding aircraft and military hardware), which are indicators of equipment investment agents, increased 1.6% month-on-month, and the July data was revised up to 0.6%. There was little change in pre-orders for all durable goods (meaning items that have been in use for at least three years, including orders for commercial aircraft and military equipment). Boeing reported a decrease in August orders compared to the previous month.