Exact(1)
We also find important inter-industry differences: U.S. electrical, electronics, computer, and telecommunication industries are strongly drawn towards overseas S&E capacity; industries including Machinery, Automobiles, and Transport equipment are primarily attracted by the technological strength of foreign industry; U.S. R&D in Chemicals mostly follows overseas markets.
Similar(59)
Even with the airlines holding down capacity, industry executives say, there are still too many planes chasing too few passengers.
By the end of the year, Mississippi will have about 30,000 megawatts of excess capacity, industry experts said, but there is no way to transmit that electricity to the intended markets because no one wants to build the transmission lines.
WorldCom is beset by scandal, but its "fundamental blunder," in the words of Robert Barbera, the chief economist of Hoenig & Company, "was investing like mad in an excess-capacity industry".
The first is excess capacity in industries such as steel, cement and carmaking.
This investment created excess capacity in industries such as cars, construction materials and especially steel.
Mergers have become the principal weapon against excess capacity in industries as wide-ranging as food processing, bookstores and office supplies -- even accounting firms.
The more so because some of China's recent growth was a mirage, conjured up by easy loans that boosted capacity in industries that did not need it.
Britain today is disfigured by a dysfunctional financial system, massive personal debt, vast amounts of capacity in industries predicated on the flourishing of a now non-existent consumer boom and tightly squeezed living standards.
The money will go to all the wrong places, they predict, like keeping uncompetitive "zombie companies" afloat or helping to maintain excess capacity in industries ranging from autos to consumer electronics with little regard to international or domestic consumer demand.
Add in the fact that the region has a glut of capacity in industries such as televisions, chemicals and steel as a result of over-investment, and it seems inevitable that Asia's exports to rich economies will surge.
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