capital goods

Production in durable goods, which are more exposed to export tariffs, decreased in September, but increased for energy and capital goods, Eurostat said.

China’s previous economic transformation left the country with a voracious appetite for commodities, cars, and capital goods.

Indicators point to weaker consumer confidence, slower car sales, moderated loan growth, softer capital goods imports and budget disbursement delays, it said.

Companies report that worries about the U.S.-Canada trade conflict have led to scaled-back spending by corporate customers on services and capital goods, muted levels of household consumption, and a weak outlook for the housing market.

After around $100 billion in retroactive tax relief was issued in mid-September to companies for investment in capital goods and research and development, a second step of fiscal policy relief hits in February 2026.