Saturday, December 21, 2013 12:15:40 PM
"U.S. NEWS
U.S. Economy Begins to Hit Growth Stride
Stronger-Than-Expected Increase in GDP Fueled by Consumer Spending:
Another company stepping up spending is Honeywell International Inc. Finance chief Dave Anderson said this week that the manufacturer is likely to boost capital expenditures 30% next year, to $1.2 billion, ending several years of caution.
Mr. Anderson said the company is responding to signs of stronger growth it sees in the economy—including growing industrial production and an uptick in capital expenditures by other firms. Honeywell has already seen an upturn in order rates, he added."WSJ 20th Dec
Btw, good job JJ!
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