U.S. core capital goods orders growth slows in July

New orders for U.S.-made core capital goods rose 1.9% in July, easing from the prior month’s 4.3% gain.

• The Commerce Department said orders for non-defense capital goods excluding aircraft increased 1.9% in July.
• The June figure was revised to a 4.3% rise from the initially reported 3.3% gain.
• Economists polled by Reuters had forecast a 1.9% increase for July.