Spending on factories, equipment and other capital goods slowed in the first quarter among a broad cross-section of large, U.S.-listed firms, highlighting investor concerns that a key driver of economic growth is fading. Capital spending rose 3% from a year earlier in the first quarter at 356 S&P 500 companies that had disclosed figures in quarterly regulatory filings through midday May 8, according to an analysis by The Wall Street Journal of data supplied by Calcbench, a provider in New York and Cambridge, Mass.

Source: Wall Street Journal May 19, 2019 09:22 UTC