U.S. business investment weak; consumer confidence at five-month high
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WASHINGTON (Reuters) - New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and remained a drag on economic growth.For now, however, the longest economic expansion on record looks set to continue, with other data on Tuesday showing consumer confidence surged to a five-month high in January amid optimism over the labour market. That suggests consumer spending..