The Business Times
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Orders for business gear stall in August after two-month gain

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Published Thu, Sep 24, 2015 · 09:50 PM

    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.

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