Prior Capex 1.5%
- Company profits Q3: 5.5% vs 18.4% exp
- Capital spending ex-software Q3: 4.3% vs 3.1% exp
- Company sales Q3: 4.8% vs 6.7% prior
It’s a pretty volatile number Q on Q.This overhead rise should bode relatively well for the next GDP numbers, profits and sales coming off in turn, wage hikes uncertain .