Interesting news item from Yahoo!’s Breakout. The Progressive Policy Institute’s Diana Carew shared with Yahoo! a report that shows AT&T and Verizon topping the list of the top 25 companies that invest here at home. According to Ms. Carew, both companies have invested $36 billion in the United States in 2011.
These findings add support for policies that promote more capital spending. Firms like AT&T and Verizon are responding to increasing demand for wireless services. Investing more capital to meet those needs will also mean investing in the human resources necessary for deploying and managing other capital. It’s a win for the economy.