This year’s economy appears to be pointing in the direction of a recession.
What does this mean for information technology managers, CIOs and business executives with budgetary discretion? It could mean a whole lot of strain on capital, labor, pending projects and profits.
Subprime mortgages are straining financial institutions and slowing the homebuying that fueled the U.S. economy. Downward trends in consumer spending are hurting profits across retail, automotive and manufacturing industries. The value of a dollar is in decline while oil prices are on a seemingly never-ending rise. The Fed says it will act, but will it be enough?
Baseline is following these economic indicators closely with research, commentary, news, real world examples and advice to help you manage through the challenges:
