US CORE CAPITAL GOODS ORDERS UNEXPECTEDLY FALL IN OCTOBER

US CORE CAPITAL GOODS ORDERS UNEXPECTEDLY FALL IN OCTOBER
US CORE CAPITAL GOODS ORDERS UNEXPECTEDLY FALL IN OCTOBER

US CORE CAPITAL GOODS ORDERS UNEXPECTEDLY FALL IN OCTOBER

New orders for key U.S. capital goods fell 0.2% in October, signaling slower business spending on equipment.

Economists had expected a 0.1% increase, following a 0.7% gain in September.

September's orders were revised down from a 0.3% increase to a 0.2% drop.

Core capital goods shipments rose by 0.2% in October, recovering from a 0.1% decline in September.