Search
 

Cash Hoards Lend Thrust to U.S. Capital Investment

Capital spending begins to accelerate, as U.S. businesses spend down cash reserves and take advantage of easing credit.

By Shobhana Chandra and Jeanna Smialek | Updated on November 06, 2013

Capital spending is poised to accelerate, giving the U.S. economic expansion a fresh boost after investment lagged way behind the half-century average.

Goldman Sachs Group Inc. economists said their “capex tracker” of 15 indicators, such as loan demand and capital-goods orders, shows a speed-up in nonresidential spending may already have begun. They see such investment climbing in 2014 by 7.5 percent, more than twice the forecast for 2013. Economist Joe Carson of AllianceBernstein LP predicts a broad-based surge with staying power.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.