US business spending on equipment remains solid as core capital goods orders rise

Orders for key US manufactured goods rose 0.6 percent in December while shipments surged. This growth suggests business spending remained solid in late 2025.

New orders for non-defense capital goods excluding aircraft in the US USUS rose 0.6% in December, while shipments of those goods jumped 0.9%. This data, announced by the U.S. Commerce Department's Census Bureau, indicates that Business spending on equipment remained solid in the fourth quarter. The report is a closely watched proxy for business investment and exceeded Reuters-polled economists' forecasts.
The Long Beach Container Terminal is shown at the Port of Long Beach as seen from Signal Hill, California, U.S., January 14, 2026. REUTERS/Mike Blake
The Long Beach Container Terminal is shown at the Port of Long Beach as seen from Signal Hill, California, U.S., January 14, 2026. REUTERS/Mike Blake
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