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US business spending on equipment on solid ground before Iran war

New orders for key U.S.-manufactured capital goods increased more than expected in February while shipments of those products rose solidly, suggesting business spending ​on equipment was on firmer footing before the war with Iran.

WASHINGTON, April 7 (Reuters) – New orders for key U.S.-manufactured capital goods increased more than expected in February while shipments of those products rose solidly, suggesting business spending ​on equipment was on firmer footing before the wa… [4256 chars]

Source: Reuters | Published: 2026-04-07T12:46:07Z

Credit: Reuters

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