capital goods

They reflected the importation of capital goods that fed into America’s rapid industrialization a century ago.

High energy prices, higher labour costs, a need to shoulder more of a defence burden, and complications in its reliance on exporting capital goods to China have undermined every pillar of its growth and export miracle.

Under his 1985-1995 tenure at the head of the European Union’s bureaucracy in Brussels, member countries agreed to tear down barriers that prevented the free movement of capital, goods, services and people.

Data for September was revised lower to show these so-called core capital goods orders falling 0.2% instead of rising 0.5% as previously reported.

Core capital goods shipments were unchanged for a second straight month.