Top 25 Companies Investing in America

The companies are called "heroes" for domestic spending

   

The Progressive Policy Institute (PPI) is out with a list of companies that are investing in the U.S.

Noting that real wages have remained virtually unchanged since 2009 while hiring remains sluggish and the overall economy has failed to gain significant traction, PPI calculates the U.S. business investment in American assets dropped sharply during the worst days of the economic downturn and remains low even now.

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According PPI estimates, U.S. business invested 7% less in American assets in 2011 than they did in 2007. Prior to the downturn, U.S. businesses had been raising their domestic investments at a increasing rate. Had that rate continued, an additional $1.4 trillion would have been added to the economy between 2008 and 2011.

This has prompted an “investment drought” that continues to plague the U.S. economy as many companies look to international investment rather than spending more money in the U.S.

With that in mind, PPI compiled a list of its “Investment Heroes,” companies that are investing in the U.S.

Here are PPI’s Top 25 Companies Investing in America:

  1. AT&T (NYSE:T)
  2. Verizon (NYSE:VZ)
  3. Exxon Mobil (NYSE:XOM)
  4. Wal-Mart (NYSE:WMT)
  5. Intel (NASDAQ:INTC)
  6. Occidential Petroleum (NYSE:OXY)
  7. ConocoPhillips (NYSE:COP)
  8. Comcast (NASDAQ:CMCSA)
  9. Chevron (NYSE:CVX)
  10. Southern Company (NYSE:SO)
  11. Hess (NYSE:HES)
  12. Exelon (NYSE:EXC)
  13. Ford (NYSE:F)
  14. General Electric (NYSE:GE)
  15. Enterprise Product Partners (NYSE:EPD)
  16. Sprint Nextel (NYSE:S)
  17. Walt Disney (NYSE:DIS)
  18. FedEx (NASDAQ:FDX)
  19. Time Warner Cable (NYSE:TWC)
  20. General Motors (NYSE:GM)
  21. Target (NYSE:TGT)
  22. IBM (NYSE:IBM)
  23. Chrysler
  24. Google (NASDAQ:GOOG)
  25. Apple (NASDAQ:AAPL)

For additional information on PPI’s research, please click here.


Article printed from InvestorPlace Media, http://investorplace.com/2012/07/top-25-companies-investing-in-america/.

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