FEATURES

You can find reports from our Investment and Research team, timely and informative financial planning topics from our Wealth Management team, and deeper dives on various important topics in our white papers from any team member. Read online, share with friends, or download for your convenience.

Potential Business Spending Turn Around

Chart Potential Business Spending Turn Around

The U.S. economy is a consumer-driven economy. While consumer spending accounts for the largest part of GDP, business investment can drive changes in GDP growth. Weak business investment over the past two quarters has created a headwind for GDP growth. Some of this weakness stems from uncertainly surrounding the U.S.-China trade war. Case in point: durable goods orders (proxy for capital spending) leveled off through 2018 and then moved lower throughout 2019. In advance of this decline, business survey data signaled a decline in capital spending plans. Here’s the good news: survey data may have bottomed. If this is true, increases in actual business spending may follow.

By accepting you will be accessing a service provided by a third-party external to https://www.allegiantpa.com/

240 South Pineapple Avenue, Suite 200
Sarasota, Florida 34236
Telephone (941) 365-3745
Toll Free (800) 926-5237

Email Updates

Advisory Services Offered Through Commonwealth Financial Network, a Registered Investment Adviser

© 2020 Allegiant Private Advisors. All rights reserved. | CWFN Privacy Policy | Website Privacy Policy