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July orders for capital goods post largest rise in more than a year

Bookings for non-military equipment excluding planes rose 2.2 per cent, after climbing 1.4 per cent in June

Published Wed, Aug 26, 2015 · 09:50 PM

Washington

ORDERS for capital goods increased in July by the most in more than a year, showing corporate spending was finding its footing prior to the turmoil in financial markets.

Bookings for non-military equipment excluding planes climbed 2.2 per cent, the most since June 2014, after increasing 1.4 per cent in June, data from the Commerce Department showed on Wednesday in Washington.

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International

International

July orders for capital goods post largest rise in more than a year

International

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Aiming for rosier ties, Xi wraps up Europe visit

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