WHOOSH, Go Orders at US Manufacturers of “Core Capital Goods,” Fueled by the AI Infrastructure Boom

Orders received by US-located manufacturers of core capital goods spiked by 14% YoY, of machinery by 15%, of IT equipment by 16%. By Wolf Richter for WOLF STREET. Orders received by manufacturers in the US of “core capital goods” (durable goods without defense and aircraft), a proxy for business…