U.S. Companies Plan to Invest as Economy Warms Up

Companies are planning to increase their domestic spending as the U.S. economy show signs of improving. Chief financial officers say they are planning to expand their operations, purchase equipment and increase hiring after hoarding cash for an extended period. "I'm feeling better about the U.S. economy than I was 12 months ago, for sure," Cummins CFO Patrick Ward says.

Source: AGC SmartBrief e-newsletter for February 9, which contained this February 8 story from The Wall Street Journal: read more.

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