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5.1

US Capital Goods Orders Rise 0.5% on AI Investment, Q3 Growth Seen at 3.2%

US capital goods orders rose 0.5% in September, driven by AI-related investment, supporting expectations of 3.2% Q3 GDP growth despite higher financing costs. The data suggests corporate investment is resilient to rate pressures, but inflation risks remain.

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Al Jazeera ARabout 19 hours agoUSCredibility 45%View source

Score Breakdown

Mosaic Score5.1
Model confidence0.5
Significance0.5
Source credibility0.5
Source

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