Revised 2Q14 GDP numbers once again revive hopes of capX revival

posted in: Credit, Economy | 0

The revised 2Q14 GDP numbers last week have rekindled hopes of a corporate capital spending revival in the U.S.  It was the second estimate (preliminary), so there is one more revision to go.  Nevertheless, several inputs related to corporate spending … Continued

U.S. corporates refuse to get tempted by consumer-spending signal

posted in: Credit, Economy | 0

Non-residential fixed investment contributed 0.68 percent to the four-percent growth in U.S. gross domestic product in the second quarter.  A much larger 1.69 percent came from personal consumption expenditures.  Back in 1Q08, non-residential fixed investment peaked at $1.99tn, preceded by … Continued