Companies may not be hiring but they are spending: manufacturing and trade sales rose over 12%...

|By:, SA News Editor

Companies may not be hiring but they are spending: manufacturing and trade sales rose over 12% Y/Y in June, S&P 500 firms have upped dividends by almost $29B this year, and M&A's are increasing. The trends show "companies are more confident in the economic recovery" than some might think.