Capital spending outlook another worry ahead of earnings

  • 📰 Reuters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Investors are preparing for more cautious capital investment outlooks from U.S. ...

NEW YORK - Investors are preparing for more cautious capital investment outlooks from U.S. companies as worries mount heading into earnings season about the possibility of an economic recession.

Capital expenditures are expected to have increased just 3.0% in the third quarter from a year ago, which would be the lowest since the second quarter of 2017, when capex declined slightly, according to data based on analysts’ estimates compiled by Refinitiv’s research senior manager, David Aurelio. The reporting period begins with big banks including JPMorgan Chase and others reporting on Oct. 15.

Upbeat jobs data offered some relief for investors on Friday, but it came on the heels of a report this week showing manufacturing activity plunged to a more than 10-year trough in September. Other data showed U.S. services sector activity slowed to a three-year low in September.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The same people who told you all is well in 2008. Buy gold the economy is crashing!

I love how Trump says over & over that this is the greatest economy in history and yet we have to have the Fed cutting rates again because of really anemic job growth...much lower monthly average job growth than Obama's last 33 months: 190k versus 226k.

What happened to ? Just another liberal propaganda shitrag....rooting for recession in hopes of getting Trump. Put any one of those idiots in the Dem clown car in charge, and watch the economy flush down the toilet. The ignorance of the left is stunning.

TELL BIG MOUTH KNOW IT ALL MEGHAN MCCAIN.... SHE THINK IT'S A LEFT THING!. COW-BOY UN PATRIOTIC

7.2 million unfilled jobs. Greatest job market ever!

GopTaxScam ImpeachTheMFTraitor

We are trump zombies

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PepsiCo stock jumps 3% on earnings and revenue beatPepsiCo said that it expects to meet or exceed its 2019 outlook for organic revenue growth. Thanks to Frito Lay 你好?请问接文案代发吗? We’re currently in WA state. After 5 days I found a place with DietCoke on tap. I was joyful! I’m guessing pepsi has some amazing salespeople in the state, because Pepsi rules Washington!
Source: CNBC - 🏆 12. / 72 Read more »