Sunday, April 15, 2007

capital spending slowdown

U.S no longer depends on the capital spending at home...capital spending is slowing domestically, maybe increasing globablly. weak link between the location of capital spending and job opportunities under global economy. the structure of economy has changed weakened the correlation between the amount of cpaital spending and the health of capital-goods maker. imported has increased from 16% twenty years ago to 66% currently.

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