Friday, January 31, 2014

Wall Street Journal: Signs That "Happy Days Are Here Again"

"Now that the domestic economy is improving, U.S. businesses may become less cautious about making longer-term investments, after years of delaying such spending. Last quarter, spending on equipment grew 6.9%, up from an increase of just 0.2% the prior quarter...Aside from consumer spending, trade is becoming a reliable source of growth for the economy. U.S. exports soared 11.4% last quarter, the most in three years." Neil Shah and Sarah Portlock in The Wall Street Journal.

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