Pantheon Macroeconomics
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Chartbook Daily Monitor Datanotes
Rounding off another weak quarter for equipment investment.
Consistent with still-subdued business investment.
Business investment probably still set for a weak Q1
Demand for core capital goods remains weak; rebound in claims does not change the low and flat trend.
The underlying picture remains weak, despite the positive headline numbers.
Business equipment investment on course for another decline in Q4; too early to conclude that claims are flattening.
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