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To: Wally Mastroly who wrote (5747)6/10/1999 9:16:00 AM
From: Wally Mastroly  Read Replies (2) | Respond to of 15132
 
Survey Says....Net economy created $301B in 1998 (& a few jobs):

Some links:

usatoday.com

> Cyber-business was booming last year, a new study says. The study by the University of Texas says the Internet economy generated $301 billion in revenue in 1998, an amount much larger and growing faster than previously estimated...

The study also concludes the Web economy also created 1.2 million jobs last year. Compared with the $8.6 trillion U.S. economy, the Internet's $301 billion might not seem very big. But the study says that in the past four years, growth has averaged 174.5% a year, based on interviews with more than 3,000 U.S. companies. <

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Speaking of jobs:

cnnfn.com