Business Spending Still Too Soft to Push Economy Into Higher Gear - News Summed Up

Business Spending Still Too Soft to Push Economy Into Higher Gear


Investors keep hoping that a surge in optimism among businesses and consumers will lead to increased spending. A closely watched proxy for business spending, culled from Friday’s durable-goods report, suggests they may have to keep waiting. Durable goods orders rose 1.7% in February, driven by orders for airplanes. However, a key reading on business spending […]


Source: Wall Street Journal March 24, 2017 16:07 UTC



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