November survey August survey Capital spending plans Major corporations 3.8 % 3.0 % Small & medium corporations-11.4 %-13.4 % All corporations-1.4 %-3.9 % Manufacturers Major manufacturers 10.7 % 7.9 % Small & medium manufacturers-5.9 %-12.2 % All manufacturers 8.7 % 5.3 % End of Forecast Forecast Sept . Dec .-end for March Liquidity ratio All corporations 1.53 1.45 1.41 All manufacturers 2.13 2.01 1.96 All nonmanufacturers 1.09 1.02 1.00