Data on investment spending released this week sent conflicting messages. We put more weight on the dismal construction work done figures and have penciled in falling business investment in the fourth quarter. And we think investment is probably going to decline further in 2019 as a result of the housing downturn and tightening credit conditions.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services