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Businesses ready to spend

Manufacturing Group | April 23, 2014

Businesses may finally be ready to spend the $1.6 trillion in cash they've been hoarding; and that's good for the economy.

A survey out earlier this week shows 61% of corporate economists say their companies will likely increase capital spending in the next year. That's up from an average 52% in the past four quarterly surveys by the National Association for Business Economics (NABE).

Click here to read the full article by Paul Davidson, USA Today.

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