US Orders for Business Equipment Rebound, Defying High Rates

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Orders placed with US factories for business equipment rose by more than forecast in April, indicating firms are still focused on making long-term investments despite an uncertain outlook and high borrowing costs.

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US Orders for Business Equipment Tick Up After Downward RevisionOrders placed with US factories for business equipment rose modestly in March, indicating firms are cautious about demand prospects and tempering investment.
Source: BNNBloomberg - 🏆 83. / 50 Read more »