IBM Economist Foresees Economic Upswing
The recession is over and IBM chief economist Philip Swan has called it. Actually, he pointed to various signs that the economy has bottomed out and said the country stands to reap a “productivity dividend” as it recovers, reports The Salt Lake Tribune. Actually, he said productivity could lead to “an awful lot of upswing in the economy.”
There’s apparently been a race to call the bottom of the downturn, as ZDNet’s Larry Dignan pointed out.
Swan said worker productivity will be key to the turnaround, and that will be closely tied to technology investments. But, as InformationWeek points out, you’d expect him to say that.