by Bill McBride on 4/27/2012 11:05:00 PM
Friday, April 27, 2012
Just a reminder of why companies aren't investing more ... from Bruno Navarro at CNBC: Why Businesses Aren't Investing in the US: CEO
Businesses aren’t investing in the United States because of a lack of consumer demand, International Paper CEO John Faraci said Friday.It really isn't hard to understand [why certain companies aren't investing - these companies have adequate capacity to meet expected demand]. [added]
“I think this was all about consumer spending and demand. You know, the problem we have is there’s inadequate demand to create jobs. We know how to respond when there is demand,” he said ...
“Productivity has obviously been very good, so we’re creating more capacity with less resources. But at the end of the day, this is really about responding to demand, whether it’s automobiles or packaging products we make for a whole variety of industries and end users,”
Posted by Bill McBride on 4/27/2012 11:05:00 PM