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Capitol Report: Red flag or false alarm? Businesses still hiring but invest less

One of the biggest worries about the U.S. economy is a slowdown in business investment and for good reason: hiring and job creation usually falter when companies retrench.

The Federal Reserve is unlikely to raise interest rates on Wednesday in part because it wants to see if business investment rebounds. A pair of reports this week will offer additional clues.

Read: No summertime blues for U.S. economy

Orders for durable goods, or big-ticket items such as appliances or machinery, have been especially weak over the past year. In the 12 months ending May 2016, demand for goods excluding aircraft and military hardware fell 3.8%.

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