Has Business Fixed Investment Really Been Unusually Low?
from the Chicago Fed
– this post authored by Francois Gourio, senior economist and research advisor
Business fixed investment represents the spending by businesses to increase production capacity. It is traditionally decomposed into equipment (such as computers and machines), structures (such as plants, shopping malls, or warehouses), and intellectual property (such as software and R&D). After declining sharply during the Great Recession, business fixed investment (BFI) recovered in 2010, but investment was again quite low in 2015 and 2016.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201907200514
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