June business spending showed slight improvement from May with bigger gains in some areas
Business spending showed some signs of green shoots in June, as manufacturers bought more equipment and spending shifted away from stay-at-home sectors to ones that could rebound in a reopening economy, according to Cortera, a software company which analyzes business-to-business credit transactions.
But overall June spending was still depressed, down 10.9% from the same month last year, and up…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.