#IMF: While #manufacturing activity remains subdued, #IT #investment as a share of #US #economic output has surged to the highest level since 2001, providing a major boost to overall #businessinvestment and activity. #USEconomy #AI #EconSky
#BusinessInvestment contracted 10.1% (in #Canada in the second quarter) after rising just 1.1% in the first quarter, highlighting the mounting pessimism facing #Canadian #firms.” adamtooze.substack.com/p/top-links-...