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Sliding Equipment Orders Add to Growth Burden on U.S. Consumers

  • Shipments also fall, hurting GDP calculations for quarter
  • Jobless claims, consumer sentiment, new-home sales all solid
forklift
Photographer: Luke MacGregor/Bloomberg
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Two key measures of U.S. business investment posted declines that were worse than analysts expected in September, underscoring the burden on American consumers to carry growth in the second half.