New orders for key U.S. made capital goods surged in June, suggesting some improvement in business investment, but economic growth is still expected to have slowed sharply in the second quarter amid weaker exports and a smaller inventory build.
Silicon Valley Capital Partners
Managing Risk Inherent to Global Macroeconomics and Capital Market Opportunities
New orders for key U.S. made capital goods surged in June, suggesting some improvement in business investment, but economic growth is still expected to have slowed sharply in the second quarter amid weaker exports and a smaller inventory build.