Companies also started to spend more on capital goods since then.

It must be a purchase of capital goods, not services.

Now companies find themselves with more capital goods than they need for a slowing economy.

And there are some areas where we see demand beginning to improve in capital goods over the very short term.

Capital goods were not easy to come by for the peasantry.

In addition, the relative price of capital goods stopped declining.

I think that American capital goods production will grow at a rate better than the economy because of heavy exports.

Capital goods get their value from the final products.

Then the question arises, how do we measure the "real" amount of capital goods?

This is inconsistent with the quantities of capital goods being taken as data.