Tech & Biz

Is the tech recession over?

by mtippett | February 18, 2009 at 12:06 pm

140 views | 10 Recommendations | 1 comment

Let's not get too excited by this but it's the first good news I've seen in a while.

OK, it’s just one data point. All I know is sales of FogBugz and Copilot. But what I’m seeing is this: October-December 2008 were terrible—sales were 20% lower than usual—but starting January 5th, we saw a significant bounce back to the same level of sales as we had before this recession started, and it’s continued to this day.

This could be a fluke; it might not reflect any reality. Or it could be a sign that tech firms, for the moment, are doing reasonably well. The Joel on Software job board is holding steady at about 50 jobs listed, down from a peak around 100, but there are still a significant number of openings for great developers.

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Paschen

at 20:31 on February 18th, 2009

Part of every recession and some argue the cause as well is simply in the minds of people and in part they may be correct, however this one is way be on the mind set it self.