Three consecutive quarters of contracting business investment could point to a US recession, according to economists at Credit Suisse. "The outlook is so muddled by political and global factors that it is hard to expect a major recovery" in business investment this year, the Credit Suisse economists said. The latest figures from the Commerce Department showed that private sector employment fell by 220,000 in September and is now down more than half since peaking in December 2007. The last time business investment contracted over a prolonged period, without a recession following soon, was in 1986-87.
Three consecutive quarters of contracting business investment could point to a US recession, according to economists at Credit Suisse. The latest figures from the Commerce Department showed that private sector employment fell by 220,000 in September and is now down more than half since peaking in December 2007. The last time business investment contracted over a prolonged period, without a recession following soon, was in 1986-87.