Durable Goods Orders Rise 0.5% in September as Shipments Point to Solid Q3 Capex Momentum

Core capital goods orders climb 0.9 percent, supporting Wells Fargo Economics’ 6 percent annualized equipment-spending estimate A year defined by uneven business investment is closing with signs that U.S. manufacturers may be seeing steadier demand across more industries. The long-delayed September durable goods report from Wells Fargo Economics, released just ahead of the Thanksgiving holiday, […]