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FACTORY EXECUTIVES forecast capital expenditures will decrease 2.1% in 2020. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. manufacturers plan first pullback in investment since 2009

WASHINGTON – United States manufacturers expect to reduce capital spending in 2020, a trend that could limit a rebound in the sector even as...
U.S. COMPANY'S capital spending has slowed due to higher interest rates and the uncertainty around tariffs, among other factors. The slowdown follows a spur in spending following the most recent tax cuts. / BLOOMBERG NEWS FILE PHOTO/JIM LEE

Capital-spending slowdown flashes warning for U.S. growth

NEW YORK - Juiced by President Donald Trump’s tax cuts, business investment helped deliver a robust United States economy in the first half of...
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