WRAPUP 2-US business spending on equipment resilient; labor market confidence weakening
Published on: Aug. 26, 2025, 10:50 p.m. | Source: Devdiscourse
The strength in both orders and shipments of these so-called core capital goods was despite independent surveys indicating that businesses were hunkering down amid rising costs from tariffs on imports. The upbeat data was overshadowed by a survey from the Conference Board showing consumers' perceptions of their ability to find a job were the weakest in more than four years in August.
