31. Business investment, too, may not bounce back, Chandross said. 32. Business investment, which precipitated this slowdown, still seems firmly in the doldrums. 33. Business investment, while strengthening in response to higher exports, will increase only modestly because pressure on profit margins remain intense, the OECD predicted. 34. Business investment also has been robust. 35. Business investment had peaked, manufacturing was plunging and, around summertime this year, consumers began to pull back and the economy dipped into recession. 36. Business investment has been strong, too. 37. Business investment in new plants and equipment, which powered growth during most of this expansion, is suddenly idling. 38. Business investment may pick up, but there will not be the kind of pent-up consumer demand associated with robust recoveries. 39. Business investment should also remain strong, he said, as companies substitute capital for scarce employees. 40. Business investment will probably rise at a faster pace than previously estimated this year, government figures showed today. |
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