More than a third of private company CEOs and CFOs plan to increase their capital spending in the coming year, the highest percentage in over two years, according to a new report by PricewaterhouseCoopers.

Thirty-six percent of the 205 CEOs and CFOs polled by PwC US anticipate making major new investments over the next 12 months, five points higher than a year ago. PwC surveyed the executives as part of its quarterly Trendsetter Barometer.

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