With global outlook weak, many U.S. companies tighten belts

  • 2/25/2023
  • 23:43
  • 4
  • 0
  • 0
news-picture

NEW YORK, Muharram 13, 1437, Oct 26, 2015, SPA -- U.S. companies are far from optimistic that next year will see them get a break from the tough economic and market conditions they have faced in 2015. And that may well hurt capital investment and jobs growth, Reuters reported. In the first three weeks of October, 165 American companies have cited the slowing global economy in their outlooks for earnings and revenue. That is up from 108 in the same period last year, and 97 in the year-earlier quarter, according to an analysis of earnings reports by Thomson Reuters. Among the phrases that have appeared in many of those statements are "challenging macroeconomic environment," or "global headwinds." -- SPA 21:47 LOCAL TIME 18:47 GMT www.spa.gov.sa/w

مشاركة :