Pantheon Macroeconomics - The nominal value of orders for non-defense capital equipment, excluding aircraft, fell by 3.4% last year. This was less terrible than 2015, when orders plunged by 8.4%, but both years were grim when compared to the average 7.5% increase over the previous five years.

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24 March 2017 Boeing Likely Boosted February Orders,Oil Lifting the Core Trend

By Ian Shepherdson

The nominal value of orders for non-defense capital equipment, excluding aircraft, fell by 3.4% last year. This was less terrible than 2015, when orders plunged by 8.4%, but both years were grim when compared to the average 7.5% increase over the previous five years.

Posted: 23rd Mar 2017 in 'U.S. Documents'

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