Posted on 05/14/2015 4:09:32 PM PDT by Red in Blue PA
NEW YORK, May 14 (Reuters) - U.S. corporate spending on capital projects could fall this year to the lowest level since 2011, with steep reductions by the energy industry and companies in other sectors cutting spending amid broad concerns about global growth.
Among the S&P sectors, only the materials and financials sectors expect to spend more in 2015 than they did last year, according to a Thomson Reuters analysis of spending outlooks from the 255 S&P 500 companies that have offered guidance on their capex for the year.
(Excerpt) Read more at finance.yahoo.com ...
Why would anyone invest in America?
Stupid.
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