Wednesday, February 16, 2011

Corporations begin spending cash 2/16/11

Corporations were hoarding their cash in the last quarter. With the economy how it is everyone is trying to stay ahead of the game, even large companies. More and more companies are investing more money in equipment and such, which is good! Hopefully that will create a little more work out there for the many Americans that are out of work. The unemployment rate has gone down from 9.4% to 9%.

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