Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: westpacific who wrote (6395)	7/29/2001 10:58:38 AM
From: westpacific	Read Replies (2) of 74559

Greenspans productivy gains via technology are about to be debunked: This August, McKinsey and Co., the influential consultancy, will release what looks to be the most comprehensive study yet of ITs effect on US productivity, both in terms of the overall economy and on a sector-by-sector basis. The study is expected to show that IT does have a positive effect on overall productivity, but that a SUPRISING number of specific industry sectors have yet to see benefits. One very real fear is that such a studies will cause companies to slow IT spending even more sharply than they already have, which could slow the rollout of the so-called real-time enterprise. Worse it could mean the current tech cooldown will become in Ice Age. Red Herring August 14, 2001 All the best West

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