Uncertainty About Trump Policies Set to Curb Business Investment
- Manufacturers see modest increases in 2025 amid tariff threats
- Timing of tax bill could influence firms’ investment decisions
Donald Trump
Photographer: Charly Triballeau/AFP/Getty ImagesThis article is for subscribers only.
Capital spending by US manufacturers won’t see the post-election bump many anticipated given uncertainty about the economic policies President-elect Donald Trump will enact after he takes office in January.
Recent surveys point to tepid growth in capital expenditures in the manufacturing sector next year, not the kind of jump that was expected with the election in the rearview mirror and the Federal Reserve starting to cut interest rates.