{"id":948384,"date":"2026-10-27T17:24:18","date_gmt":"2026-10-27T17:24:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/948384\/"},"modified":"2026-10-27T17:24:18","modified_gmt":"2026-10-27T17:24:18","slug":"sales-of-u-s-core-capital-goods-rise-in-september-shipments-accelerate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/948384\/","title":{"rendered":"Sales of U.S. core capital goods rise in September; shipments accelerate"},"content":{"rendered":"

Open this photo in gallery:<\/a><\/p>\n

People work in Viridi’s battery manufacturing plant in Buffalo, N.Y., earlier this month.Lauren Petracca\/The Associated Press<\/p>\n

New orders for key U.S.-manufactured capital goods increased in September and shipments of these products surged, suggesting business spending on equipment maintained a robust growth pace in the third quarter, though doubts are mounting over the huge cost of building out AI infrastructure.<\/p>\n

Non-defence capital goods orders excluding aircraft, a closely watched proxy for business spending, rose 0.5 per cent last month after an unrevised 1.6-per-cent jump in August, the Commerce Department\u2019s Census Bureau said on Tuesday.<\/p>\n

Economists polled by Reuters had forecast these so-called core capital goods orders would advance by 0.7 per cent.<\/p>\n

Shipments of core capital goods, which go into the calculation of the business spending on equipment component in the gross domestic product report, vaulted 1.2 per cent last month after gaining 0.6 per cent in September.<\/p>\n

Business spending on equipment has experienced two straight quarters of double-digit growth, largely fueled by aggressive investment in AI, helping to underpin manufacturing and the overall economy.<\/p>\n

Economists expect the government\u2019s advance estimate of gross domestic product on Thursday to show the economy grew at more than a 3.0 per cent annualized rate in the third quarter. But investors are increasingly focusing on the rising costs of long-term projects in which the payoff is uncertain. Tech firms have borrowed huge sums over the past year for AI spending.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: People work in Viridi’s battery manufacturing plant in Buffalo, N.Y., earlier this month.Lauren…\n","protected":false},"author":2,"featured_media":948385,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[901,888,902,879,877,903,45,49,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,889,890,884,904,885,909,910,912,907,911,905,908,882,898,899,714,897,906,865,61,900,892,886,883,913],"class_list":["post-948384","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-alberta","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-business","tag-ca","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/948384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=948384"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/948384\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/948385"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=948384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=948384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=948384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}