The Washington Post quoted PPI Chief Economic Strategist Michael Mandel in a story mentioning PPI’s newest report, U.S. Investment Heroes of 2014: Investing at Home in a Connected World:
For a more optimistic one, look inside one more report out this week, from the Progressive Policy Institute. It lists the 25 companies that invested the most in capital improvements in America last year, led by AT&T and Verizon. Most of the companies on the list come from the telecommunications sector, the energy sector or the tech sector – all areas where American minds have engineered big breakthroughs in recent years.
“The investments have followed the innovations,” one of the report authors, Michael Mandel, said in an interview. Jobs, he added, have followed the investments. So if you spur more innovation, you’ll spur more jobs.
Read more at The Washington Post.
