U.S. companies are scaling back investment plans at the
fastest pace since the recession, signaling more trouble for the economic
recovery, the WSJ reports.
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.…..
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