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Non-Tech : The Y2K Newspaper

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To: Bill Ounce who wrote (131)	11/1/1999 10:16:00 AM
From: Bill Ounce	Read Replies (2) of 198

USA Today -- Nervous firms stock up for Y2K usatoday.com Nervous firms stock up for Y2K The gross domestic product (GDP) shot up at an annual rate of 4.8% last quarter, and the Commerce Department said inventory buildup before the year 2000 was a big reason. With thousands of companies using up excess inventory, the economy could grind to a near halt in early 2000, economists say. Hofstra University economist Irwin Kellner says about one in four firms have switched from a just-in-time to a just-in-case inventory system as a defense against possible supply disruptions caused by the Y2K glitch. [Full story at usatoday.com]

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