US investments continue to power profits growth

US business investment continues to advance, despite fears it would tumble in 2023 ahead of a widely anticipated recession.

What you will learn:

• Technology investments are enticing spending from providers of internet, data, security, and related information services, as well as the software producers among publishing and professional services.
• Within manufacturing of durable goods, the makers of motor vehicles, aircrafts, and other forms of transportation equipment are leading the spending, including a wave of new foundries for production of semi-conductors, batteries, and related electronic and electrical products.
• Worker shortages have aligned with the lure of innovative technologies to solidify the rising share of company profits re-dedicated to new investment for future growth.