Progressive Policy Institute Releases Third Annual Report Ranking US Companies Investing in America’s Future
Which US companies are betting on America’s future? “US Investment Heroes of 2014: Investing at Home in a Connected World” ranks the top 25 American companies by their capital spending in the United States. For the third year in a row, AT&T was at the top of the Investment Hero list with $20.9 billion in domestic capital spending in 2013, followed by Verizon, Exxon Mobil, Chevron, Walmart, Intel, and Comcast. Authored by PPI Chief Economic Strategist Michael Mandel and Economist Diana Carew, the report focuses on identifying the U.S.-based corporations with the highest levels of domestic capital expenditures, as defined by spending on plants, property, and equipment in the United States. PPI believes this report can help inform good public policy for encouraging continued and renewed investment domestically.
Progressive Policy Institute Releases Third Annual Report Ranking US Companies Investing in America’s Future