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.
Strategies & Market Trends : News Links and Chart Links -- Ignore unavailable to you. Want to Upgrade?


To: Chris McConnel who wrote (8954)10/28/2003 12:22:34 AM
From: Abner Hosmer  Read Replies (1) | Respond to of 29602
 
theinquirer.net

US computer sales aren't as strong as they appear

Chief Merrill Lynch economist kicks away the financial chocks

>>..Among other things, Rosenberg reports that the money being spent on computers and other technology by U.S. corporations is nowhere near what is being reported by the US Bureau of Economic Analysis. While Washington reported corporate spending for technology to the tune of $133 billion, Rosenberg estimates the actual number is closer to $15 billion in his Sept.5th and Oct. 6th reports. That's about an 89% margin of error.

The misleading numbers apparently are caused by a technique called "hedonic price indexing"..<<