ChangeWave Research Report:2Q/3Q 2009 Sector Findings Semiconductors Leading the U.S. Economic Recovery - Natural Gas & Oil Sector Also Showing Momentum
ChangeWave June 26, 2009 385 Pages - Pub ID: CHWV2292172
While the survey of 3,525 corporate respondents shows current U.S. sales still contracting, there’s been a significant lessening in the rate of decline and the overall picture “…points to an end of the U.S. recession before the close of 2009.”
But which sectors are now leading the economic recovery and which are lagging behind?
For the second quarter in a row, the Semiconductor sector has made the leading sector’s list - and this time it’s exhibiting the most improvement of all the sectors we surveyed.
Not only is this a positive sign for the semi industry, but it’s good news for the overall economy as Semiconductors are typically among the earliest sectors to regain momentum after a serious economic downturn.
The Natural Gas & Oil sector is also showing large-scale improvement in the current survey, followed by the Computer Hardware and Telecom sectors.
Table One below presents a brief summary of each of these leading sectors - in comparison to the overall survey findings for all respondents. (Note that the numbers in parentheses always represent the change from the previous quarter’s survey).
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