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Today's batch of economic news is mixed, and seemingly conflicted as ever.
Hey, don't shoot me - I'm only the messenger.
But for techies wondering how secure their jobs really are these days the news from the most recent Federal Reserve Beige Book report signaled economic growth for November and...
Read More | Jan 17th, 2008
Okay, I was downed by technology issues for a few days but I'm back up with a vengeance.
And just in time, as the major technology companies begin to release their quarterly earnings statements. IBM was first up earlier this week, and easily surpassed analyst expectations. Wall Street attributed...
Read More | Jan 16th, 2008
I'd like to dive into the technology stock sector for '08 this week, but let's first tee things up with the outlook from the folks who do most of the IT spending -- small business owners.
According to the numbers from the Discover Small Business Watch, released this morning, small business owners...
Read More | Jan 2nd, 2008
I know, I know.
I'm a broken record on how the media keeps good economic news hidden in the shadows. But with good reason. If all consumers hear is how bad the economy is going, then they could stop spending and really increase the chances of the economy going south for the winter, so to...
Read More | Dec 31st, 2007
Media pessimists are crying in their beer today, their dour, gloomy faces stricken with grief over the knowledge that, despite their best efforts, the U.S. economy refuses to buckle under and go into recession.
It's getting funny, actually. Every quarter the U.S. gross domestic product (GDP)...
Read More | Dec 20th, 2007
From what I'm seeing out here in the trenches, economists just can't seem to agree on the health of the U.S. economy, in general, and the technology economy, in particular in 2008.
Last week's consumer numbers seem to suggest that people are still willing to break out the checkbooks and buy new...
Read More | Dec 11th, 2007
Being sick in bed for the better part of the week is a real eye-opener.
Besides the curious experience of buying Advil, Orange Juice, and one of those comical sleep masks you see people wearing on airplanes, at a Wegmens' at three o'clock in the morning, you get to pass the hours alternately...
Read More | Oct 26th, 2007
Are Americans brain-challenged when it comes to the economy? Or misinformed by the mainstream media?
It's a question that must be asked today, after a CNN-Opinion Research Poll released this morning shows that nearly half-of Americans think we're already in a recession.
That, after continued...
Read More | Oct 18th, 2007 | Comments: 1 | Last Comment: Oct 22nd, 2007
I know a lot of so-called water-cooler "experts" who say they make a bundle trading in the technology stock sector every day.
But ask them what GDP means, or what the latest consumer confidence number say (and mean), and you get a decent impersonation of The Three Stooges doing their professor...
Read More | Oct 8th, 2007
I had to shake my head when I read about the latest GDP numbers today.
The news is good, maybe even great for the economy – a 3.8% upward spike in gross domestic product for the second quarter (the numbers were revised from the original GDP estimates, and were light years ahead of the 0.6% GDP...
Read More | Sep 27th, 2007 | Comments: 2 | Last Comment: Oct 1st, 2007
