Investing in a Brighter Future
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A good indicator of both current business expectations and future economic performance is the capital expenditures that businesses are making, or are planning to make, in light of the present economic conditions. Some businesses wait for an upturn to be well on its way before spending money on new equipment, while others will invest in new assets so they can be ready when business picks up. Either way, current spending on capital equipment provides a good gauge on business activity in the months ahead.
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