The economists consulted by Reuters had predicted a 0.2% increase in the requests for underlying capital goods, after the rise of 0.8% recorded in January. Companies seek to avoid higher prices due to tariffs.
The new requests for capital goods manufactured in The United States fell unexpectedly in February And they could remain low as economic uncertainty increases by tariffs, Discouraging companies to increase equipment spending.
Requests for capital goods not related to defenseexcluding airplanes, a very guarded indicator of companies spending plans, dropped 0.3% last month, After a revised 0.9% rise in January, the Census Office of the Department of Commerce said Wednesday.
The economists consulted by Reuters had predicted a 0.2% increase in the requests for underlying capital goods, after the rise of 0.8% recorded in January. Companies, eager to avoid higher prices due to tariffs, probably advanced orders in January.
United States president Donald Trump, announced a series of import taxes, some of which were delayed until April. Economists have warned that the way in which tariffs are not favored does not favor economic activity.
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The confidence of companies and consumers deteriorated in recent months
On Monday, Trump indicated that on April 2 he will not impose all the tariffs he had threatened and that some countries could obtain exemptions, but at the same time he said that the levies on imported cars will arrive soon.
Shipments of underlying capital goods rebounded 0.9% after falling 0.2% in January. The requests for capital goods not destined for defense decreased 1.5% after accelerating 12.8% in January. The shipments of these goods rose 0.5% after shooting 3.2% the previous month.
Shipments of underlying capital goods and not intended for the defense enter the calculation of the business spending component in equipment goods of the report on the gross domestic product.
Source: Ambito
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