Slow times ahead, good time for smart moves
The New York Times reports Economic Indicators Fall in February. The Conference Board's leading economic indicators were down another 0.4 percent in February and everyone I and the research staff at InnovationWorld talk to at companies are completely distracted by the war.
Conference Board economist Ken Goldstein said ``nervousness over world events, more than any other single factor, holds the potential for extending the 'soft spot' that the economy has been in since late last year.''
Optimists make the future. Now, I know I seldom sound optimistic about the economy and never so about the war. But folks, it is still possible to be optimistic about specific things, like the prospect for new technology, services facilitated via Web (especially since no one wants to travel anymore unless there's a very good reason) and by companies with established products that want to invest in gaining market share while others are paralyzed by uncertainty.
Posted by Mitch Ratcliffe at March 20, 2003 11:15 AM | TrackBack