U.S. companies are hesitant to use spare cash

08/17/2011 | National Public Radio (text and audio)

U.S. corporations continue to hold on to their cash as the economy shows sign of slowing down, according to data from Moody's. Concerns about credit and weak consumer demand are making companies wary to invest and hire new workers. "The bottom line is that a large number of very successful U.S. companies are on a wait-and-see mode with the U.S. economy," Dartmouth business professor Anant Sundaram says.

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National Public Radio (text and audio)

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