Swiss Economicblogs.org
Growing by about 10% over the past year, a regime shift in IT spending is supporting the US economy.Q2 GDP growth data (which showed GDP growing by 4.1% quarter-on-quarter and 2.8% year-on-year) was another indication of the strong shape the US economy is in.Particularly solid support for growth in recent quarters, and again in Q2, has come from business investment. We have long highlighted our belief that robust investment growth would be a major contributor to US GDP growth, which we...
Read More »The US Software boom
