The Wall Street Journal blog picked up PPI’s latest report “U.S. Investment Heroes: The Companies Betting on America’s Future”:
Anybody following news on the U.S. economy has heard it over and again: Unemployment is persistently high, consumer spending alone can’t lift the economy, corporations have built up enormous cash stockpiles, and those stockpiles need to start getting invested at home for the situation to improve.
But who is actually doing the investing, right now? A new report out today from the Progressive Policy Institute looks at the levels of U.S. capital expenditures reported by public companies, and singled out the biggest spenders – “Investment Heroes”, it calls them.
Read the complete story here.
