Economics
U.S. Business-Equipment Demand Jumps by Most Since January
- Third-quarter economic growth revised to 2.1% from 1.9%
- Jobless claims declined by more than expected last week
Photographer: Luke Sharrett/Bloomberg
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Demand for U.S. business equipment unexpectedly increased in October by the most since the start of the year, a respite from a capital-spending downturn that weighed on third-quarter economic growth.