Public Policies & Private Investments: Herding Sheeple or Respecting People?
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Last week I posted on how low business confidence and slow fixed private investment limit potential employment growth. There is a solid 30% association between business confidence and private fixed investment, since 2009. Data on gross private domestic investment goes back further, and has a stronger correlation with business confidence. What does this all mean?
Public Policies & Private Investments: Herding Sheeple or Respecting People?
Public Policies & Private Investments…
Public Policies & Private Investments: Herding Sheeple or Respecting People?
Last week I posted on how low business confidence and slow fixed private investment limit potential employment growth. There is a solid 30% association between business confidence and private fixed investment, since 2009. Data on gross private domestic investment goes back further, and has a stronger correlation with business confidence. What does this all mean?