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| Subject: Honey, I shrunk the economy | Date: 11/19/2012 7:06 PM | |
| Author: fleg9bo | Number: 656027 of 683021 | |
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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. _______________________ Another $5.5 trillion in debt ought to get things going again. --fleg |
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