Capital Spending Net Rising Index
The Graph of the Week is the Capital Spending Net Rising Index from the October 2009 NABE Industry Survey. From the survey:
For the first time since October 2008, more respondents reported a rise in capital spending over the prior quarter than a decrease. Expectations for future capital spending improved for the fourth straight quarter and turned positive, on balance, for the first time in a year. As in the past two surveys, expectations were positive for spending on computers and communications equipment but negative for structures.
NABE member can read the full NABE Industry here. For the public, a summary is online.
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