Some companies continue to invest despite fiscal uncertainty

12/11/2012 | Wall Street Journal, The

Despite the economic uncertainty that comes with Washington's lack of a budget agreement, some businesses are making investments and expanding. Massachusetts-based AccuRounds is working on plans to expand its factory floor, and its CEO said he expects to borrow up to $4 million for the project. However, capital spending on equipment and software fell at an annual rate of 2.7% in 2012's third quarter and MAPI senior economist Cliff Waldman said he expects investments to remain weak.

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