Big Companies Tightened Spending as Trade Fears Intensified

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Signaling concerns over the U.S.-China trade conflict, big companies curbed their spending in the first quarter

Capital spending rose 3% from a year earlier in the first quarter at 356 S&P 500 companies that had disclosed figures in quarterly regulatory filings

through midday May 8, according to an analysis by The Wall Street Journal of data supplied by Calcbench, a provider in New York and Cambridge, Mass. That...

 

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America should find a smart way to compete with China

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