Issue: "Darwin's meltdown," April 3, 2004
The EditorsThe Editors

The Buzz

"The Buzz" Continued...

Capital investment, the spending by businesses on equipment and software that make workers more productive, was another bright spot in the report. Business spending grew at a rate of 14.9 percent in the fourth quarter, and economists said the strong showing, on the heels of a 17.6 percent growth rate in the third quarter, indicates a sustained recovery might be taking hold. After-tax corporate profits grew by 7.6 percent, which followed a 10.1 percent jump in the third quarter.

Advertisement

Comments

    You must be a WORLD print, online, or iPad subscriber to post comments.