William Blair：2026年经济周评：资本投资浪潮持续报告（英文版）

One of our enduring themes for several years now has been the unfolding capex revival. While there have been a few false starts for the manufacturing sector, which has been in recession for the better part of three years now, we think a recovery is finally gaining traction. In the equity markets, this should be increasingly reflected across a broader group of industrial companies. We view this as a structural revival that is being supported by four key pillars—a tight labor force, an aging ca