Manufacturers to cut capital spending for the first time since 2009

December 19th, 2019

U.S. manufacturers plan to pull back on investing in 2020, a move that could rein in a rebound even as companies increase profits. In a Bloomberg report, citing a semiannual survey from the Institute for Supply Management Factory, executives forecast capital expenditures will decrease 2.1 percent in 2020. It would be the first annual decline […]

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