The surge in durable goods orders in June suggests that business equipment investment is holding up a bit better than we anticipated. But with the incoming global data still deteriorating and domestic capacity utilisation falling, we still expect investment growth to remain weak in the second half of the year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services