forexsq - U.S. companies are scaling back investment plans at the fastest pace since the recession, signaling more trouble for the economic recovery.
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 softwareâ€”a measure of economic vitality in the corporate sectorâ€”stalled in the third quarter for the first time since early 2009. Corporate investment in new buildings has declined.
At the same time, exports are slowing or falling to such critical markets as China and the euro zone as the global economy downshifts, creating another drag on firms' expansion plans. forex
- 2Chicago PMI drops sharply in July
- 2U.S. Could Move to Sanction Russia Derivatives, Short-Term Funds
- 2U.S. Stocks Slide as Exxon, Whole Foods Fall on Results
- 2U.S. jobless claims up, wage growth starting to push higher | Top Forex Brokers
- 2Jobless Claims in U.S. in Past Month Drop to Eight-Year Low
- 3Stock market live blog: Dow erases gain, but S&P still up; Fed statement fears get the blame
- 2Economy in U.S. Grows More Than Forecast
- 2Treasuries Drop, Metals Rise After GDP; Stocks Pare Gains
- 2Dollar Rises to 4-Month High as U.S. GDP Tops Forecasts
- 2ADP Says Companies in U.S. Boosted Payrolls by 218,000
Become Our Fan
apple asia stocks asian stocks australian dollar bernanke boj china dollar ecb economy eur eur/usd euro euro zone europe stocks european central bank european stocks eurozone eurusd facebook fed federal reserve forex forex news forex trading fx gbp/usd gold google greece imf japan obama oil pound spain stock stock market stocks swiss franc u.s dollar u.s. dollar u.s. economy u.s. stock u.s. stock futures u.s. stocks us dollar usd wall street yen