Data on core capital goods orders suggests companies are cautious about capital investment amid high borrowing costs and economic concerns.

But companies are upbeat about the outlook, buoyed by hopes of a stabilization in interest rates and inflation.

In Germany, overall economic activity declined at the fastest pace since the first wave of the pandemic, in May 2020.

The deadline for submitting projects for consideration for the 2024 Alexander Hamilton Awards is September 1. Submit your innovative initiative today!