When will American companies start spending again?

07/29/2013 | Reuters

The latest round of earnings reports suggests that American CEOs continue to prioritize reducing expenses to support earnings. "Corporate America has cost-cut just about as much as they can," says Jeffery Saut of Raymond James Financial. "I think the economy is going to pick up, and if you're understaffed and don't have enough throughput in your factories, yeah, I think you're going to miss out on some things."

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