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Subject:  Honey, I shrunk the economy Date:  11/19/2012  7:06 PM
Author:  fleg9bo Number:  656027 of 741844

Investment Falls Off a Cliff

http://online.wsj.com/article/SB1000142412788732459590457812...

U.S. companies are scaling back investment plans at the fastest pace since the recession, signaling more trouble for the economic recovery. Sudeep Reddy reports on Markets Hub. Photo: AP.

Half of the nation's 40 biggest publicly traded corporate spenders have announced plans to curtail capital expenditures this year or next, according to a review by The Wall Street Journal of securities filings and conference calls.

Nationwide, business investment in equipment and software — a measure of economic vitality in the corporate sector — stalled in the third quarter for the first time since early 2009. Corporate investment in new buildings has declined.
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Another $5.5 trillion in debt ought to get things going again.

--fleg
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