SPDN - The Trump Tax Cut Did Not Impact Capital Investment Says The NABE - Should We Be Surprised?
The National Association for Business Economics (NABE) recently released their quarterly survey on business conditions which resulted in a more gloomy outlook for sales, pricing, and profits than previous surveys. The respondents in the survey also reported that neither the trade war, nor the Trump tax cuts were major factors in the less optimistic outlook, but rather an independent slowing of economic conditions.
I will go through the highlights of the report but focus most specifically on the