How Much Do Businesses Spend on Innovation to Stay Competitive?

Census survey shows business expenditures on modernizing equipment and buildings. Learn more in this America Counts story.

America Counts: Stories Behind the Numbers How Much Do Businesses Spend on Innovation to Stay Competitive? In an era when everyone is looking for the next big thing, innovation is key to staying current. Businesses know they have to constantly improve to stay on top. So, what can they do to keep their competitive edge? Read More Depending on the industry, one way is to modernize equipment and refresh structures, such as plants or office buildings, and that requires investment. The U.S. Census Bureau's 2019 Annual Capital Expenditures Survey (ACES) shows changes in the investment businesses make on capital goods, including structures and equipment. Continue reading to learn more about: Capital expenditures of companies with employees by selected industry sector Capital expenditures for new and used structures and equipment Capital expenditures for computer software by type Help us spread the word about America Counts. Share this story on social media or forward it to a friend. Share This You May Be Interested Retail Trade Is the Top Sector In the Five U.S. Territories: Recently released data from the Census Bureau's 2017 Economic Census of Island Areas show economies of these territories mirror the U.S. economy in many ways. Learn More About America Counts America Counts tells the stories behind the numbers in a new inviting way. It features stories on various topics such as families, housing, employment, business, education, economy, emergency preparedness, health, population, income and poverty. Contact our Public Information Office for media inquiries or interviews. Don't miss an America Counts story! Subscribe here.

Stay connected with us! Join the conversation on social media.

SUBSCRIBER SERVICES: Subscriber Settings  |  Remove me from All Subscriptions  | Help

---

This is an official email from the U.S. Census Bureau. If you have any questions or comments, please contact us (http://www.census.gov/about/contact-us.html).