The Economy & the Fed

Core Capital Goods

Orders for business equipment leaving out aircraft and military goods, formally nondefense capital goods excluding aircraft. They are the cleanest monthly read on what companies plan to invest in machines, computers and other equipment. Shipments of the same goods, what was actually delivered, feed directly into the business-investment part of GDP, so economists revise their growth estimates on them.

Educational information, not investment advice. See it applied across the screener →