Business Activity Grows in U.S in October


Business Activity in U.S. Grows as Factories Accelerate Economic Recovery – Bloomberg.

At the core of the improvement it could be than many companies are rushing to qualify for a larger government credit. That may be contributing to the increases in business investment, replacing vehicle fleets and industrial equipment. The tax compromise between the Obama administration and the republicans allows companies to depreciate 100% of their capital investment in 2011 but only 50% in 2012.

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