The continued growth in consumption, not just in the second half of this year but continuing into 1998, means that producers have to invest. They've got to build up inventories.
The continued growth in consumption, not just in the second half of this year but continuing into 1998, means that producers have to invest. They've got to build up inventories.
If all we've had is consumption, not business investment, there could be a self-fulfilling factor here, ... If consumers run out of patience, they start trimming sales a bit, and the economy, rather than picking up, may weaken a bit. Then the consumer says, 'See, I told you it was going to happen.'
The balance will eventually change, but these numbers suggest the caution businesses have been showing is warranted. They also say we might be waiting until early 2004 before we see much stronger business investment.
© 2020 Inspirational Stories
© 2020 Inspirational Stories