February 6, 2019
The Progressive Policy Institute’s (PPI) Investment Heroes report provides an exclusive estimate of domestic capital spending for major U.S. companies. In their latest report, PPI identified the top 25 companies making the largest capital investments in the United States. These “Investment Heroes” invested $185 billion and $178 billion in the United States in 2017 and 2016, respectively. That’s up 5 percent in 2017, and relatively flat in 2016 compared to the 2015 total of $177 billion (as reported in PPI’s previous work on this topic).
AT&T led the Investment Heroes again, despite a 6 percent cut in domestic investments compared to 2016 and a 1 percent gain compared to 2015. Verizon came in second, investing less in each of the past two years relative to 2015. Amazon came in third, having boosted its domestic capital investments significantly in 2017 and 2016, according to estimates. Comcast and Alphabet rounded out the top five, both increasing domestic investments year-over-year.
Source: Progressive Policy Institute