Ooops! Q4 GDP Growth Outlook Slumps To 1.4%

New orders for key U.S.-made capital goods unexpectedly fell in December amid declining demand for machinery and primary metals, pointing to a sustained slowdown in business spending on equipment that could further crimp economic growth.

 

 

 

 

https://www.reuters.com/article/us-usa-economy-durablegoods/u-s-business-spending-on-equipment-weakening-idUSKCN1QA1S0