07182018Wed
Last updateWed, 18 Jul 2018 2pm

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Manufacturing & The Economy

Business Investment Improved Over Last Three Quarters

“Business investment -- which was in recession from the fourth quarter of 2015 through the second quarter of 2016 -- has improved significantly over the past three quarters,” Bloomberg reports. “Equipment purchases rose by 9.1% -- the fastest pace since the third quarter of 2015. This confirms what the ISM Manufacturing Index and the MHI Business Activity Index surveys have been showing: Business are betting on more growth, and they are making investments to prove it.” 

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