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Industrial spending has clearly collapsed.
He points to a weak rebound in consumer and industrial spending from the 2008 plunge, suggesting that companies and people will remain reluctant to borrow and spend.
If something is technologically possible and you don't do it, someone else will, says Paul Otellini, Intel's boss.Since 1970 industrial spending on R&D in America has never fallen significantly from one year to the next, though it dipped a bit after the dotcom crash of 2000-02 (see chart 3).
It would also create hundreds of new graduate fellowships, encourage all federal agencies to invest in high-risk research, and revise the tax code to promote more industrial spending on research.
Similar(56)
The two cities are similar in population size, level of industrial development, spending power and average home size.
Bleak economic data reflecting a sharpening slide in housing, trade, industrial production, spending and employment rates "more than offset" any potential impact from a stimulus plan, the Fed said in the report, which reflected the minutes of its Jan . 27-28 meeting
Industrial production, spending on equipment and durable goods will also remain in the red through 2009.
One reason is that, on average, industrial R&D spending lags behind that of Britain's competitors (see table).
If we spent about what other industrial nations spend, we'd project surpluses as far as the eye can see.
I'm assuming industrial designers spent a long time thinking about, streamlining and getting it perfect.
Matsushita Industrial will spend up to 146 billion yen ($1.3 billion) for the shares.
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