Above is a chart from the St. Louis Fed that shows total investment in equipment and software. If businesses were really concerned about uncertainty, we wouldn't be seeing this level of investment activity - which is actually quite strong.
Tuesday, November 1, 2011
About the Lack of Business Confidence ...
Above is a chart from the St. Louis Fed that shows total investment in equipment and software. If businesses were really concerned about uncertainty, we wouldn't be seeing this level of investment activity - which is actually quite strong.
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