Friday, February 7, 2020

Is Falling Investment Spending The Last Nail In The Coffin? — John T. Harvey

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

1 comment:

Ralph Musgrave said...


Harvey 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.