Archive for July, 2009
A recent IMF report outlined GDP projections for countries and regions of the world for 2009 and 2010. They concluded that ..”the global economy is beginning to pull out of a recession unprecedented in the post-World War II era, but stabilization is uneven and the recovery is expected to be sluggish”.
I spoke at a lunch-and-learn a few weeks ago in LA, and met an IT Director from Black & Decker. During our discussion I learned that Black and Decker has discovered the leading and lagging indicators for our global economic turn-around. Among other things like power tools (which Hitachi also manufactures), B&D sell door locks [...]