Global Expansion is Gathering Speed

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Some of the world’s best known companies from Amazon.com Inc. to Volkswagen AG are ramping up spending on new plants and equipment after years of caution. For an international economic expansion already gathering speed, that could prove a boon.

Amazon is spreading its international reach with operations in India, Australia and Latin America. It also has invited U.S. states and local governments to submit proposals for a new headquarters that will cost $5 billion and create 50,000 jobs over the next 15 to 17 years.

According to Mark Vitner, senior economist at Wells Fargo Securities LLC in Charlotte, North Carolina, “Small business owners are definitely spending more on equipment."  He goes on to say, “This marks a real change and partly reflects the improved regulatory environment, which is seeing less new regulation coming on line.”

Read more about how the missing piece of the global growth is finally starting to fall into place.