美国企业对金融市场担忧.docVIP

美国企业对金融市场和经济复苏担忧 U.S. companies are holding more cash in the bank than at any point on record, underscoring persistent worries about financial markets and about the sustainability of the economic recovery. 前美国企业在银行中的存款超过了以往任何时候，凸显出对金融市场和经济复苏能否持久的持续担忧。 The Federal Reserve reported Thursday that nonfinancial companies had socked away $1.84 trillion in cash and other liquid assets as of the end of March, up 26% from a year earlier and the largest-ever increase in records going back to 1952. Cash made up about 7% of all company assets, including factories and financial investments, the highest level since 1963. 美国联邦储备委员会 Fed 周四公布说，截至3月底，非金融类企业已经储备了1.84万亿美元现金和其他流动资产，较去年同期增长26%，创下1952年以来的最大增幅。包括工厂和金融投资在内的企业总资产中约有7%为现金，创下1963年以来的最高水平。 While renewed confidence in corporate-bond markets has allowed big companies to raise a record amount of money, many are still hesitant to spend the cash on hiring or expansion amid doubts about the strength of the recovery. They are also anxious to keep cash on hand in case Europes debt troubles lead to a new market freeze. 尽管对公司债市场的重建信心使大企业筹集到规模创纪录的资金，但在对经济复苏势头心存怀疑之际，很多企业仍不愿将现金花在招聘人员或扩大业务上。它们还急切地把现金握在手里，以防欧洲债务危机导致新一轮市场冻结。 Cash is still king, said Jeff Hand, chief operating officer at Ross Controls, a Troy, Mich., maker of pneumatic valves and other products that is holding more cash as it struggles to recover from a sharp drop in business last year. Were coming out of that, but the uncertainty is still there. 位于密歇根的气动阀等产品生产商Ross Controls首席营运长汉德 Jeff Hand 说，现金依然是王。该公司在努力从去年的业务严重下滑中恢复之际，把更多的现金握在手里。汉德说，我们正在走出业务低迷，但不确定性依然存在。 The rising corporate cash balances could represent a longer-term behavioral shift in the wake of the deepest financial crisis in decades. In the darkest days of late 2008, even large companies faced the threat that they wouldnt be able to do the everyday, short-term borrowing needed to make payrolls and purchase inventory. 企业现金余额的不断上升可能表示，在数十年来最深重的金融危机后，企业行为发生了更长期的改变。在2008年底最黑暗的日子里，即使是大企业也可能无法获得日常短期贷款来满足发放工资和补充库存的需求。 We jus