Global business investment took a U-turn in Q3 over a growing number of economic uncertainties including unstable global supply chain.
The Wall Street Journal reported on Tuesday that business investment by South Korea, the U.S., Japan, Canada, Germany, the Netherlands and Switzerland dropped significantly during that period.
Investment by G7 fell point-eight percent on-quarter.
But there was slight improvement compared to pre-pandemic levels earlier this year.
While noting consumer expenditure is on a steady rise, the report warned an unstable supply chain worldwide caused economic recovery uncertainties.
