Electronics Sector Still a Growth Industry

Data source: Federal Reserve Board
Forecast: Mountaintop Economics & Research, Inc.
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U.S. industrial production of computer and peripheral equipment expanded rapidly before the recent recession hit, and it will be one of the fastest-growing segments coming out of the recession. This escalation is largely the result of an increase in business spending for these products. The latest figures from the Bureau of Economic Analysis show that nonresidential investment in computers increased by 11% in the fourth quarter of 2009 when compared with the same quarter of a year earlier. These factors are evidence that the computer segment in particular and the entire electronics sector in general is still a growth industry.
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