With automotive and aerospace manufacturing going strong, our annual Capital Equipment Spending Survey predicts continued growth in investment.

With the automotive and aerospace industries humming, our annual Capital Equipment Spending Survey predicts robust growth in investment.

WASHINGTON—Spending on construction or renovation of factories is up 12 percent in 2014, compared to being virtually flat in 2013, according to Census Bureau figures.

Slowly but surely, the economy is recovering from the Great Recession.

WASHINGTON—CEOs’ expectations for the economy over the next six months have improved due to expected higher sales and capital spending, but expectations for hiring remain flat, according to the last economic outlook survey from the Business Roundtable.

TALLAHASSEE, FL—Florida Gov. Rick Scott has proposed eliminating sales tax on manufacturing machinery.

WASHINGTON, DC—The equipment leasing and finance index rose for a third straight month in February, reflecting increasing optimism about the economy.

MADISON, WI—Sixty-nine percent of control system integrators expect revenue growth this year, and a quarter of those look for gains of 15 percent or more, according to a new survey.

CHICAGO—Spending on capital projects has recovered from the 2008-09 recession, totaling $11 trillion annually, according to a new report from consulting firm A.T. Kearney.