Orders for business gear stall in August after two-month gain
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Washington
THE momentum in orders for business equipment stalled in August following gains the prior two months as US investment took a breather amid volatility in financial markets and concerns that global growth is slowing.
Bookings for non-military capital goods excluding aircraft fell 0.2 per cent last month after rising 2.1 per cent in July, data from the Commerce Department showed on Thursday in Washington.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
