IT Is Recovering, Bit by Bit Publication: Business Week Online Date: Oct 18 2004 Standard & Poor's Ratings Services continues to expect 2004 to be a year of moderate overall growth in technology spending, estimated in the low- to mid-single digits. An improving economy, coupled with more balanced industry inventories and a focus on cost cutting, bode well for more stabilized credit quality. While some categories -- like semiconductors -- will see very solid year-over-year revenue growth, others, such as telecommunications equipment, will be flat to modestly positive. Read full article Read full article in new window See other articles published by Business Week Online Today's headlines Headlines for Oct 18, 2004
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