Measure of Business Spending Improved 4.6% in December

http://www.nytimes.com/2013/01/29/business/economy/durable-goods-orders-exceed-estimates.html?ref=economy


This article discusses points around the recent promising increase in business spending that occurred last month. There was an increase of 4.6% on non-defense capital goods excluding aircrafts. I found this article to be relevant to our class discussions because we have been discussing business investment. With the current uncertainty about the economy that has been lingering, the data from this article provides a reassuring feeling that things will begin to get back to normal in the economy soon.