U.S. Corporate Profits Rebounded This Year, Boosting Business Investment

The good news for the improving U.S. economy is that business investment started to revive in 2017.

Indeed, there is little doubt that business confidence has been improving. The business community loves the tax cuts which will be implemented. But as well, the energy industry seems to have stabilized, which brings with it a renewed promise of new capital spending.

Moreover, as the unemployment rate falls into record low territory and labor becomes scarcer, business investment should be improving.

Finally, improving corporate profits are another indicator which seem to provide a boost to investment spending.

 

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