Monday, January 28, 2013

Gauge of business spending plans edges higher

WASHINGTON (Reuters) - A gauge of business investment improved in December, a sign that worries over tighter fiscal policy may not have held back capital spending plans as much as feared at the end of 2012. The Commerce Department said on Monday that non-defense capital goods orders excluding aircraft, a closely watched proxy for investment plans, edged up 0.2 percent last month. Many economists ...

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