What Investment Patterns Across Equipment and Industries Tell Us About the Recent Investment Boom and Bust
Author | : Jonathan McCarthy |
Publisher | : |
Total Pages | : 0 |
Release | : 2004 |
ISBN-10 | : OCLC:1375337261 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book What Investment Patterns Across Equipment and Industries Tell Us About the Recent Investment Boom and Bust written by Jonathan McCarthy and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of capital expenditure trends identifies investment in information technology as a major factor in the 1990s boom and subsequent bust. Spending on computers and software, fueled by Y2K preparations and the rise of the Internet, drove investment growth in the late 1990s but slowed in 2000, while overly optimistic profit expectations by communications industries likely prompted an unsustainable investment surge in 2000.