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business-investment-surges-as-key-capital-goods-indicator-beats-forecasts
Business Investment Surges as Key Capital Goods Indicator Beats Forecasts

Business Investment Surges as Key Capital Goods Indicator Beats Forecasts

Last updated: November 28, 2025 11:47 am
By Tom Ozimek
1 Min Read
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Business Investment Surges as Key Capital Goods Indicator Beats Forecasts

The Empire State Mines, a Titan Mining Corporation Company in Gouverneur, N.Y., on Nov. 6, 2025. Madalina Kilroy/The Epoch Times

A closely watched gauge of U.S. business investment surged in September, signaling a burst of momentum across America’s industrial sector and reinforcing signs that manufacturing is regaining strength after a volatile start to the year.

Non-defense capital goods orders excluding aircraft—a key proxy for business spending on equipment—rose by 0.9 percent last month, far outpacing economists’ forecasts for a 0.2 percent increase, according to a delayed U.S. Census Bureau report released Nov. 26 following the 43-day federal shutdown.

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