We're at the stage of the business cycle where statisticians can't keep up with rapidly changing developments, especially new businesses. That's where the greatest potential for an upward revision is.
We're at the stage of the business cycle where statisticians can't keep up with rapidly changing developments, especially new businesses. That's where the greatest potential for an upward revision is.
While it's true that capacity use rates are very low, it's also true that much of that capacity has been rendered obsolete by technological advances and that replacement of capital is faster than it used to be. So a lot of businesses may feel they have little choice but to spend, if they want to preserve their competitive edge.
© 2020 Inspirational Stories
© 2020 Inspirational Stories