Referencing a recent report by Michael Mandel, The Washington Posts‘ Robert J. Samuelson discusses corporate investment:
Of course, businesses haven’t stopped investing entirely. In 2014, they spent $2.2 trillion on buildings, equipment (computers, machinery, trucks), software and research. For many large firms, the amounts are huge, estimates economist Michael Mandel of the Progressive Policy Institute, a left-leaning think tank. In 2014, AT&T led in business investment in the United States at $21.2 billion, followed by Verizon at $16 billion and Exxon Mobil at $12.4 billion.
Read the article in its entirety at The Washington Post.
