shadow

Capital outlay plans up 5%

Capital appropriations by the 1,000 largest manufacturing companies advanced to $29.1 billion (seasonally adjusted) in the second quarter, a 5 percent gain over the first quarter, the Conference Board reports.

The increase was fueled entirely by nonpetroleum industries, which lifted their appropriations 31 percent in the second quarter.

Reference to specific stocks, funds, or other investments in the news or advertising columns of The Christian Science Monitor is intended for the general information of readers and not as an endorsement or recommendation to buy.m

of 5 stories this month > Get unlimited stories
You've read 5 of 5 free stories

Only $1 for your first month.

Get unlimited Monitor journalism.