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Capital expenditure, business investment boom will boost US economy

Close icon Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Construction workers on a job site on February 04, 2021 in Miami, Florida. Joe Raedle/Getty Images Business investment is picking up since the bottom of the COVID pandemic crash. This increased investment should continue for the next year and help the US economy recover. Policy support, financial conditions, and rising GDP expectations should all support capital expenditures. Neil Dutta is head of economics at Renaissance Macro Research. This is an opinion column. The thoughts expressed are those of the author.

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