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U.S. business equipment spending appears to have slowed sharply in second quarter
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U.S. business equipment spending appears to have slowed sharply in second quarter
WASHINGTON, D.C. July 25, 2025 — New orders for key U.S.-manufactured capital goods unexpectedly fell in June while shipments of those products increased moderately, suggesting that business spending on equipment slowed considerably in the second quarter. Front-loading of activity ahead of President Donald Trump’s aggressive and broad tariffs on imports resulted in business spending on equipment growing in the first quarter at the fastest pace s…
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