Forbes: Capital Spending Expected to Grow

In a recent article post, Forbes magazine notes that capital spending by American business has been slack for nearly a year, but will grow in the coming months.

Forbes noted that since hitting a low of 64% in 2009, capacity utilization in manufacturing has rebounded to 78%, which is only slightly less than the peak before the recession.

Forbes said companies are spending money on construction of manufacturing facilities, which, year-to-date is up 50%. If they are constructing the buildings, won’t they buy equipment to put inside?

Read the full article here.

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