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U.S. Core Capital Goods And Inflation

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According Reuters, New orders for key U.S.-made capital goods rose by the most in six months in January and shipments increased, but the trend in both measures of business spending on equipment remained soft, leaving forecasts for weak first-quarter economic growth intact. The slowing economy is helping keep inflation tame, with other data on Wednesday showing producer prices barely rising in February, resulting in the smallest annual increase in more than 1-1/2 years.

Added on the 13/03/2019 12:44:01 - Copyright : Wochit

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