
Aircraft surge fuels July rebound in U.S. factory orders
U.S. factory orders rose 0.9% in July, beating expectations of 0.6%, led by a 12.7% jump in civilian aircraft orders; computers and electronics orders fell 1.1%, non-defence capital goods excluding aircraft were flat, but shipments of core capital goods rose 1.2% on AI-related investment, with orders up 6.5% from a year earlier.

