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Are New Tax Rules Helping Capex Spending by Industries?

Ricky Cove
Are New Tax Rules Helping Capex Spending by Industries?

The US Census Bureau publishes a monthly report that tracks new orders for machinery, tools, and equipment for US industries. This data is released by the US Census Bureau through the Manufacturer’s Shipments, Inventories, and Orders (or M3) survey. Capex spending by industry can be assessed through this economic indicator.