Rising Capex and its Relationship with Productivity: Just a matter of time?

Rhea Thomas |
Wilmington Wire
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June 28, 2018—One of the much-heralded benefits of tax reform enacted at the end of last year was the expectation of a boost to GDP due to strong incentives for companies to increase capital expenditures, or “capex.” With companies now having had nearly six months to digest the tax reform package, economists and markets have