I have been reporting for months that the indicator we should all be monitoring is Real Gross Private Domestic Investment....Forbes — Pragmatic Economics
Is Falling Investment Spending The Last Nail In The Coffin?
John T. Harvey | Professor of Economics, Texas Christian University
ReplyDeleteHarvey seems to think investment is the be all and end all,which is a nonsensical idea. Investment may fall because employers think they can get more output from each dollars worth of investment, in which case investing less is entirely logical.