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Capital goods are any asset that is used by a company to produce products or services for consumers. For example, car factories are capital goods used in the auto industry, while cooking ...
To add symbols: Type a symbol or ... Core capital goods shipments remained unchanged in February, and economist Andrew Hunter warns that business equipment investment may decline again in Q1.
Non-defense capital goods shipments including aircraft, which feed directly into the equipment investment portion of the gross domestic product report, dropped 1.9%, the most since October.
Non-defense capital goods orders rebounded 12.9% after dropping 5.3% in December. Shipments of these goods increased rose 3.2% after increasing 3.8% in the prior month.