Capital Spending Net Rising Index - NABE Industry Survey
The Graph of the Week comes from the July 2009 NABE Industry Survey, and shows the Capital Spending Net Rising Index. From the survey:
The number of firms cutting capital spending over the past quarter still outweighed the number of firms
increasing capital spending. Only 8% of firms reported rising capital spending in the last quarter, the lowest
proportion in the history of the survey. Looking forward, more firms are willing to undertake capital expenditures
in the year ahead but cuts still outnumber increases.
The full NABE Industry Survey, including the data series used to construct these graphs, is available to members only. A summary is available to the public.