Articles Tagged with ''capital spending''

Slowly but surely, the economy is recovering from the Great Recession.

WASHINGTON—US sales of machine tools totaled $507.91 million in March, an increase of 30 percent from February sales and an increase of 3 percent from sales in March 2012.

WASHINGTON— U.S. sales of machine tools totaled $385.9 million in February, an increase of 5.7 percent from January.

WASHINGTON—CEOs’ expectations for the economy over the next six months have improved due to expected higher sales and capital spending, but expectations for hiring remain flat, according to the last economic outlook survey from the Business Roundtable.

TALLAHASSEE, FL—Florida Gov. Rick Scott has proposed eliminating sales tax on manufacturing machinery.

WASHINGTON, DC—The equipment leasing and finance index rose for a third straight month in February, reflecting increasing optimism about the economy.

MADISON, WI—Sixty-nine percent of control system integrators expect revenue growth this year, and a quarter of those look for gains of 15 percent or more, according to a new survey.

WASHINGTON—US sales of machine tools are up 5.3 percent in the first 10 months of 2012 compared with the same period in 2011, according to the AMT—The Association for Manufacturing Technology.

WASHINGTON—U.S. businesses and government agencies will finance more than $742 billion in equipment acquisitions in 2013, a record total, according to the Equipment Leasing & Finance Foundation.

With the election over and the economy picking up steam, manufacturers are poised to reinvest in their assembly plants.