US Capital Goods Orders Stagnate in January After December Decline

Orders for capital goods in the United States remained flat in January, showing no growth after a 0.9% decline in December. Total orders for durable goods, which include everything from household appliances to aircraft, also stagnated during the month. The stagnation in capital goods orders, which are considered a key indicator of business investment and economic confidence, suggests continued uncertainty in the US economy as companies remain cautious about major equipment purchases.