Save US Core Capital Goods New Orders vs. TAIEX
Core capital goods are capital goods excluding defense goods and aircrafts. Its new orders can represent companies' future investment expenditures and domestic manufacturing conditions. It also has a positive correlation with TAIEX. In 1994, 1998, 2006, and 2010, new orders of US core capital goods reversed shortly before TAIEX did, too.
US Core Capital Goods New Orders (SA, YoY)2022-068.59 %
Taiwan Stock Exchange Weighted Index (R)2022-08-1515,417.35