Companies Are Still Boosting Capital Spending Despite Higher Rates

Wall Street Journal, Nov. 17,2022–Hanna Miao (subscription)
Big U.S. companies are stepping up their spending on capital projects, putting expenditures on pace to set a quarterly record even as worries about a potential recession loom.
https://www.wsj.com/articles/companies-are-still-boosting-capital-spending-despite-higher-rates-11668691693?mod=hp_lead_pos7