SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Les H who wrote (174570)6/22/2002 8:26:59 PM
From: Les H  Read Replies (1) of 436258
 
"The recession we've been through," Mr. Cutler said, "was as steep as anything we've seen since 1981 and 1982," which stands as the worst since World War II. "Everybody keeps comparing what just happened to the mild '90-'91 recession. That totally misses it."

National statistics are signaling recovery now, but Mr. Cutler worries that the data are too upbeat. While the Bush administration and many forecasters see a revival under way, he sees only "mild indications" of the beginning of an upturn. It will not be truly recognizable at Eaton, he said, until the fall. Even then, his managers will have incentives to be tightfisted and to shun the risk of overexpansion because the bust has been so painful.

nytimes.com

Recovery in Tech Spending Still Elusive

nytimes.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News