Dont know much about the US but how aussie can avoid it I dont know. Its starting to accelerate!!!
From today
MARCH KEY POINTS
ACTUAL EXPENDITURE (VOLUME TERMS)
The trend volume estimate for total new capital expenditure decreased by 0.3% in the March quarter 2014 while the seasonally adjusted estimate decreased 4.2%.
The trend volume estimate for buildings and structures increased by 1.0% in the March quarter 2014 while the seasonally adjusted estimate decreased by 7.4%.
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