BRYAN WOOLSTON/Reuters
They are expected to reiterate the Fed’s desire to keep rates unchanged at least through this year. Weak business investment and the resulting slump in manufacturing have been on the radar of Fed officials who have blamed trade tensions, especially the White House’s 18-month trade war with China, and an uncertain global economic growth outlook for the malaise.
Core capital goods orders rose 0.8 per cent in 2019. Shipments of core capital goods decreased 0.4 per cent last month. Core capital goods shipments are used to calculate equipment spending in the government’s gross domestic product measurement. They declined by an unrevised 0.3 per cent in November.
Boeing’s biggest assembly-line halt in more than 20 years is expected to wreak havoc with the supply chain. The plane maker’s largest supplier, Spirit AeroSystems Holdings, announced early this month that it planned to lay off more than 20 per cent of the workforce at its Wichita, Kansas base.
globebusiness ....so still higher than 8 years of democrat rule? Got it..