Business investment

UK growth faltered in 2017 amid Brexit constraints

LONDON/February 22, 2018 (AP)(STL.News) — The British economy did not grow as strongly as initially thought during 2017 as consumers and businesses were held back by factors directly related to Brexit. The Office for National Statistics said Thursday that the British economy expanded by a quarterly rate of 0.4 percent, down from the initial estimate … Continue reading UK growth faltered in 2017 amid Brexit constraints

US durable goods orders rise 1.3 percent in November

/December 22, 2017 (AP)(STL.NEWS) — Orders for long-lasting manufactured goods rose last month by 1.3 percent, boosted by orders for both commercial and defense aircraft. A category that measures business investment slipped for the first time since June. The increase in orders for durable goods — products meant to last at least three years — … Continue reading US durable goods orders rise 1.3 percent in November