11/13/2024
👍🏼 WE HAVE THE CAPITAL YOU NEED TO MOVE AHEAD!
In terms of investments, 54 percent of owners made capital outlays in the last six months, an increase of three points from September. Of those, 35 percent spent on new equipment, 23 percent acquired vehicles, and 14 percent improved or expanded facilities. Future capital spending also showed a positive outlook, with 22 percent (seasonally adjusted) planning capital outlays in the next six months, up three points from September.
Seasonally adjusted, a net 31 percent reported raising compensation, down one point from September.