ACWI - Global Orders For Business Equipment Surge At Fastest Rate In A Decade
- Worldwide orders for business equipment rose at the fastest rate for a decade in April.
- Business confidence about the year ahead hit a seven-year high in March, according to the global PMI data, pulling back only very modestly in April and driving a commensurate upturn in investment spending.
- While tech equipment manufacturers reported one of the strongest improvements in new orders seen over the past three years during April, the more notable improvement was recorded for other machinery and equipment.
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Global Orders For Business Equipment Surge At Fastest Rate In A Decade