Technology continues to lead the economy

Jul 26, 2011

Economists say the recession ended in June, 2009, but for many of us, it’s hard to tell the difference. Unemployment remains high and the economy is growing slowly.

This month on "The Digital Future," Strategic News Service publisher Mark Anderson and KPLU’s Dave Meyer look at the bright spot of the economy:  the technology sector.

PC sales may be growing slower than expected, but that doesn't mean the tech sector is in trouble. The phenomenal growth in sales of tablets (such as the iPad) more than makes up the difference.

Two years ago, Mark predicted the technology sector would recover from the recession much faster than the rest of the economy. That prediction rings true today. Microsoft, Apple, Intel and other technology giants are setting sales records and reporting big profits.

Mark sees a growing divide between technology and the rest of the economy:

"The companies and industries that are really tech driven are doing well on a global basis. And those which are not are really in the gutter, and that's a source of great concern."

On the Web:

"The Digital Future" is a monthly interview with technology expert Mark Anderson covering the online world and all things digital. The feature is published here on the last Tuesday of every month and airs on KPLU 88.5 during Morning Edition and All Things Considered.