The strength of business investment has been one of the economy’s few bright spots over the past couple of quarters, but that surge in capex has done little to boost the economy’s still mediocre productivity performance. Furthermore, the survey evidence and the recent drop back in corporate profits growth suggest that investment growth will soon slow again.
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