U.S. companies built their cash reserves at a much slower pace in the first quarter of the year than in the last quarter of 2018, according to the AFP Corporate Cash Indicators®. What does that mean for the domestic economy? Kevin Kane, Managing Director with BMO, gives his thoughts on the state of corporate cash. The CCI is a quarterly survey of senior corporate treasury and finance executives conducted by AFP and underwritten by BMO. Get the full results of the 2Q19 CCI at www.afponline.org/CCI.
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