|
|
|
|
Will the Slowing in Quarter 3 Affect Microcap Stocks?
A United-States-made capital goods shipments slowdown in the early third-quarter points to business investment troubles. Although new orders rose in July, shipments fell the most in nearly three years, indicating a continued decline in economic growth. Business investment contracted in the second quarter for the first time since 2016. According to Jerome Powell, uncertainty in trade policy could be playing a role in the decline of capital spending.