Perspectives on the Recent Weakness in Investment
Posted: 16 Dec 2014
Date Written: May 21, 2014
Abstract
After having been a relatively bright spot early in the recovery, nonresidential private fixed investment, which in this note we refer to as business fixed investment (BFI), increased at an average annual rate of only about 4 percent in 2012 and 2013, an unusually slow pace during an expansion.
Suggested Citation: Suggested Citation
Pinto, Eugenio and Tevlin, Stacey, Perspectives on the Recent Weakness in Investment (May 21, 2014). FEDS Notes No. 2014-05-21 https://doi.org/10.17016/2380-7172.0018, Available at SSRN: https://ssrn.com/abstract=3750049
Eugenio Pinto (Contact Author)
Board of Governors of the Federal Reserve System ( email )
20th Street and Constitution Avenue NW
Washington, DC 20551
United States
Stacey Tevlin
Board of Governors of the Federal Reserve System ( email )
20th Street and Constitution Avenue NW
Washington, DC 20551
United States
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