US election risk hitting corporate investment plans, survey says [Yahoo! Finance Canada]
Molson Coors Beverage Company Class B (TAP)
Last molson coors beverage company class b earnings: 4/30 07:00 am
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Source: Yahoo! Finance Canada
By Howard Schneider WASHINGTON (Reuters) - Nearly a third of company financial officers say that risks around the Nov. 5 U.S. presidential election have caused them to delay or scale back investment plans, a potential blow at least in the short-term to economic growth. In a nationwide survey conducted jointly by the Atlanta and Richmond Federal Reserve Banks and Duke University's Fuqua School of Business, 21% of 479 responding chief financial officers said their companies had postponed investments due to "uncertainty related to the upcoming U.S. Presidential and Congressional elections." Slightly more than 15% said they had scaled down their plans. Firms were allowed to pick more than one answer, so the categories may overlap, but an overall 30% said election-related uncertainty had hit investment plans in some way. Just over 64% said there was no impact. Atlanta Fed economist Brent Meyer and survey director Daniel Weitz said the firms most affected by election uncertainty
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Sec Filings
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