Good Investment

Posts Tagged ‘Reaser’

Feb. 22 (Bloomberg) — Lynn Reaser, president of the National Association for Business Economics and chief economist at Point Loma Nazarene University, talks with Bloomberg’s Lori Rothman about a NABE survey indicating corporate investment will contribute to stronger growth in the US and the economy will start to add jobs early this year. Spending on equipment and software by companies is expected to increase 7.2 percent this year, up from the November surveys projection for a 4.2 percent gain, according to the median estimate of 48 economists surveyed by the group. Purchases will rise even more next year, jumping 8.6 percent. (Source: Bloomberg)