CSPAN Tom Donohue State Of American Business Address January 15, 2016
Corporate profits peaked some quarters ago. Capital expenditures are down. Relative to prior years. New Small Businesses are forming at the lowest rate in many years. They cant find the capital to get organized. For those that do have the capital, theres little reason to make big new investments that demand at home and especially abroad just is not there. For companies depending on exports, the strong dollar and weak growth abroad make them less competitive. For companies and countries that depend on the production, sale, and movement of energy and commodities, they saw the bottom drop out of ...