Real business spending on new equipment and software in the first quarter of this year was 12-1/2 percent above its level a year earlier, and more-recent data indicate that manufacturers are continuing to book new orders for capital goods at a solid pace. The upturn in hiring has been particularly encouraging; between January and May, private nonfarm establishments added almost 1.2 million jobs.
We all know that we have no time to waste. Biodiversity is declining faster than ever in human history. Not only some rare species, some quaggas and wisents, but we are talking about one million species that face extinction, possibly within a couple of decades. Around 75% of land and 66% of marine environments have been severely altered.