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U.S. Business Equipment Spending Strong Even as New Orders Flat in July
Reuters, Aug. 25, 2021–Lucia Mutikani
New orders for key U.S.-made capital goods were unexpectedly flat in July amid supply constraints and a shift in demand to services, suggesting that business spending on equipment could slow in the second half after robust growth over the past year.
https://www.reuters.com/world/us/us-core-capital-goods-orders-flat-july-shipments-increase-2021-08-25/