Dow Jones - "While strong exports and easing import competition will cushion the blow to the durable goods industries, domestic demand for capital equipment is declining. New orders for non-defense capital goods excluding aircraft in the first ten months of this year are down 1.7% from the same period one year ago. The low investment activity indicates businesses remain cautious regarding the outlook for next year."
read more : Daniel J. Meckstroth, chief economist at the Manufacturers Alliance/MAPI
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