business

Fearing lean times, U.S. companies tighten purse strings

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By Caroline Valetkevitch and Marcus E Howard

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Very good information. I believe that the fear of lean times are being felt by the American consumer. When consumers see companies spend, they spend. I believe there is a direct correlation between organizational spending and consumer spending. Companies typically invest more when they feel confident in the economy. Consumers typically buy more when they feel confident in companies that are confident in the economy. Oh! did I forget to mention jobs.

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