{"id":237279,"date":"2026-04-29T21:50:00","date_gmt":"2026-04-30T01:50:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/04\/29\/ai-spending-drives-business-equipment-investment-to-6-year-high\/"},"modified":"2026-04-30T01:30:12","modified_gmt":"2026-04-30T05:30:12","slug":"ai-spending-drives-business-equipment-investment-to-6-year-high","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/04\/29\/ai-spending-drives-business-equipment-investment-to-6-year-high\/","title":{"rendered":"AI Spending Drives Business Equipment Investment to 6-Year High"},"content":{"rendered":"

AI Spending Drives Business Equipment Investment to 6-Year High<\/a><\/p>\n

https:\/\/www.pymnts.com\/artificial-intelligence-2\/2026\/ai-spending-drives-business-equipment-investment-to-6-year-high\/<\/a><\/p>\n

Publish Date: 2026-04-29 21:50:00<\/a><\/p>\n

Source Domain: www.pymnts.com<\/a><\/p>\n

The boom in artificial intelligence products and infrastructure drove a closely watched measure of business spending to a six-year high in March.<\/p>\n

New orders for nondefense capital goods, excluding aircraft, rose 3.3% in March, accelerating from the increase of 1.6% in February, the Census Bureau reported Wednesday (April 29).<\/p>\n

This metric, dubbed \u201ccore capital goods\u201d by economists, is closely watched as a barometer of business investment, according to multiple media reports.<\/p>\n

Reuters reported Wednesday that the increase in core capital goods orders was larger than expected. Economists polled by the news organization had expected a 0.5% rise.<\/p>\n

The report attributed the rise in business spending on equipment to the boom in investments in AI and the data centers that support the technology.<\/p>\n

It added that businesses may also be rushing to buy equipment before prices rise or shortages occur due to the war with Iran.<\/p>\n

Advertisement: Scroll to Continue<\/p>\n

The Reuters report quoted Stephen Stanley, chief U.S. economist at Santander U.S. Capital Markets, as saying: \u201cThe stunning degree of strength during a month when firms would have had valid reason to be cautious attests to the substantial energy in business development that was bottled up last year due to policy-related uncertainty.\u201d<\/p>\n

Bloomberg reported Wednesday that the rise in core capital goods orders seen in March was the greatest since mid-2020.<\/p>\n

The report said this increase continued a year of \u201csolid\u201d capital investment that has been driven by businesses\u2019 spending on AI.<\/p>\n

Economists expect this trend to continue through the end of 2026 due to spending on AI and the availability of more favorable tax provisions, according to the Bloomberg report.<\/p>\n

The report quoted Eliza Winger, economist at Bloomberg Economics, as saying: \u201cBusiness investment is entering the second quarter with solid momentum, supported by strength in AI-related spending. While geopolitical uncertainty bears watching, the data don\u2019t…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

AI Spending Drives Business Equipment Investment to 6-Year High https:\/\/www.pymnts.com\/artificial-intelligence-2\/2026\/ai-spending-drives-business-equipment-investment-to-6-year-high\/ Publish Date: 2026-04-29 21:50:00 Source…<\/p>\n","protected":false},"author":1,"featured_media":237280,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.pymnts.com\/wp-content\/uploads\/2026\/04\/AI-spending-xxx1.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-237279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/237279"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=237279"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/237279\/revisions"}],"predecessor-version":[{"id":237281,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/237279\/revisions\/237281"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/237280"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=237279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=237279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=237279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}