50playvideopokerfree| Ignoring high borrowing costs, a surge in U.S. commercial equipment orders heralds a boom in economic investment

editor2024-05-25 02:23:0158

Commercial equipment orders at U.S. factories realized in April50playvideopokerfreeThis positive sign that the business community is continuing to make long-term investments despite uncertain economic prospects and higher borrowing costs. Orders for core capital goods, a measure of investment in equipment excluding aircraft and military hardware, rebounded and rose 0.0% in April after falling slightly in March, according to data released by the Commerce Department on Friday.50playvideopokerfree.3%。Orders for durable goods rose by 0.7% overall in April, which exceeded market expectations. When transportation equipment was excluded, order volume still maintained a 0.4% growth.

It is understood that the general growth in orders covers multiple areas, including motor vehicles, communication equipment and machinery. This report reflects that although companies are cautious about capital expenditures, many companies are still actively investing amid the return trend of pursuing productivity improvement and capacity expansion.

Shipments of core capital goods, a key figure for computing equipment investment in the government's GDP report, also grew strongly by 0.4% at the start of the second quarter.

50playvideopokerfree| Ignoring high borrowing costs, a surge in U.S. commercial equipment orders heralds a boom in economic investment

Ahead of the durable goods report, the Atlanta Fed's GDPNow model predicted a slight increase in business equipment spending in the second quarter.

However, the Commerce Department report also showed that commercial aircraft bookings fell 8% in April after two consecutive months of steady growth, reflecting volatility in the sector. Boeing reported that orders for only seven aircraft in April were well below the 113 aircraft in March.

In response, Boeing executives warned that production in the first half of 2024 will fluctuate as it strives to strengthen quality inspections, orderly work and respond to issues such as supplier shortages.

It is worth noting that aircraft orders, due to their instability, often differ from government data and are not always consistent with aircraft manufacturers 'monthly reports.

Although U.S. manufacturing has struggled to maintain steady growth after showing signs of recovery, the Institute for Supply Management's manufacturing index released earlier this month showed manufacturing activity contracted in April after expanding in March, for the first time since 2022. At the same time, another S & P global indicator showed that manufacturing output growth accelerated in May.

Overall, although manufacturing volatility and uncertainty remain, the increase in commercial equipment orders in April provided an optimistic signal for the U.S. economy's long-term investment prospects.