CryptoWorld News: U.S. March core capital goods orders jumped 3.3% month-over-month, far exceeding market expectations. The U.S. Census Bureau of the Department of Commerce said on Wednesday that non-defense capital goods orders excluding aircraft rose to a 3.3% month-over-month increase, above the market forecast of 0.5%, and the prior figure was revised to 1.6%. After core capital goods shipments grew 1.3% in February, they increased 1.2% in March. Business equipment spending was boosted by the AI spending boom, which in turn raised demand for information processing equipment. However, there are concerns that a potential U.S.-Iran war may make companies more cautious about new capital investment. Economists expect that business equipment investment in the first quarter will help offset the anticipated further slowdown in consumer spending. A Reuters survey of economists projects that U.S. GDP will grow 2.3% year-over-year in the first quarter.