Big Spenders: Company Profits Not Translating Into More Workers

It's the slowest rate of recovery seen in nearly a year -- the gross domestic product rose just 2.4 percent in the last quarter and that's down from 5 percent growth less than a year ago. But even as the economic recovery slows down dramatically -- with consumers spending far less and unemployment currently at 9.5 percent -- one group is spending and that's business. Companies are investing more money in equipment and software than they have in more than a decade. Spending by builders on...Full Story
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