Which Companies Are Boosting Spending and Hiring?Quicklink submitted by Margaret Bassett Permalink
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|Although capital spending in the U.S. is up 12 percent since the lows of early 2009, it's still running $88 billion below the peak of $1.34 trillion reached in the first quarter of 2008, says Joseph LaVorgna, chief U.S. economist at Deutsche Bank (DB). He doesn't expect capital spending to catch up to that peak level and officially start to expand until the second quarter of 2011.|
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