Capital spending by US manufacturers is expected to grow modestly in 2025 due to uncertainty surrounding President-elect Donald Trump’s economic policies, despite some optimism amid tariff threats. Recent surveys indicate tepid growth in capital expenditures, contradicting expectations of a post-election surge. The timing of the tax bill may also influence firms’ investment decisions.
Source: https://www.bloomberg.com/news/articles/2024-12-20/uncertainty-about-trump-policies-set-to-curb-business-investment