The Wall Street Journal
Commenting in The Wall Street Journal, BCG’s Hardik Sheth describes the shift from post-pandemic increases in capital spending to a current slowdown as CFOs grapple with the uncertainty of inflation and high interest rates. Facing weaker customer demand and a potential recession, many companies are being careful with their capital expenditure (capex) investments and waiting until the second half of the year to be more certain of impending macroeconomic factors and risks, notes Sheth.