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Capital Spending Plans Wednesday, Dec. 18, 8:30 A.M.

Business Outlook

CAPITAL SPENDING PLANS Wednesday, Dec. 18, 8:30 a.m.

The Commerce Dept.'s first survey of spending plans for new plants and equipment for 1992 is likely to show that any gain next year will come in the second half. Spending fundamentals, such as profits, product demand, and credit availability, are too weak to support much new investment in the winter or spring. In 1991, capital spending is estimated to have increased just 0.5%.JAMES C. COOPER AND KATHLEEN MADIGAN

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