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4/7/2026

Capital Goods Orders Beat in February, But Middle East Conflict Puts March — and Small-Cap Shippers — on Watch

New orders for core capital goods — the government’s closely watched proxy for business spending — rose 0.6% in February, topping economist forecasts of a 0.4% gain and reversing a revised 0.4% decline in January. Shipments of those same goods climbed 0.9%, adding further evidence that equipment spending was gaining traction heading into the first quarter. The Commerce Department’s Census Bureau released the data Tuesday.

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