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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Empieza a crecer la inversión en bienes de equipo

It begins to grow the investment in equipment


November 19, 2009

The Secretary of State for economic, José Manuel Campa, press conference, yesterday offered some data that undoubtedly invite optimism. The most relevant for the industry is the investment in capital equipment. After six consecutive quarters of decline and a drop of 24.3% in annual terms, finally returns to grow, by 1.9% compared with the previous quarter. This fact, coupled with improvements in consumption and exports, suggests to the Government that the return to growth can arrive earlier than expected. In fact, the fall of the gross domestic product in the last quarter was only 0.3% over the previous quarter.