Analysis shows that more firms in Standard & Poor's 500 are expecting capital expenditures exceed expectations of analysts for the year 2013 in the middle of policy concerns being debated in Washington.
Recent data from U.S. government reveled that many companies have been pouring money to spend on equipment and software in the final quarter of 2012.
LPL Financial chief investment officer Burt White said that many Americans would get jobs once companies commence their spending to buy goods for their specific business planning measures.
Attributing to this optimism seen in American companies is the fact that the U.S. economy is slowly recovering from the global economic downturn that hit almost all leading countries across the world.
Recently, United States saw deals worth of $173 billion just for the start of 2013, implying good signs of economic confidence in merger and acquisition activity.
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