INDUSTRY OUTLOOK 2002
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INDUSTRY OUTLOOK 2002 -- OVERVIEW
Introduction
A recovery is likely, but one with a small "r." Even with productivity up and interest rates at historic lows, anemic demand will make patience a virtue for company and investor alike
INDUSTRY OUTLOOK 2002 -- MANUFACTURING
Autos: 0% Financing is a Risky Addiction
"We borrowed from the future, so the first quarter is squat," one economist says of the cheap come-ons. Longer term looks "hazy"
Even Builders Are Hitting a Wall
"Lenders have pulled back almost 100%. There's going to be six months to a year where we'll have no new construction"
The Fortunes--and Misfortunes--of War
The terrorist attacks decimated commercial airlines. Spending on military planes, however, is now expected to rise 10% in 2002
Energy: No Tigers in This Tank
Metals & Machinery: Finally Forging Ahead?
INDUSTRY OUTLOOK 2002 -- INFORMATION
Software: Few Bright Spots, Apart from the Home PC
Corporate America will avoid software splurges, except for certain niches, including security
Computers: More Torture for Tech
Chips: Nowhere to Go but Up
Advertisers Are Still Hiding Out
Look for more cable and satellite TV mergers as midsize players bulk up to address the growing demand for digital services
Telecom: The Long Morning After
INDUSTRY OUTLOOK 2002 -- FINANCE
Banking & Securities: Still Tightening Those Belts
"We're focused on productivity gains and expense controls"
Insurance: Soaring Rates--and Revenues
INDUSTRY OUTLOOK 2002 -- LIFE SCIENCES
Drugs: Hardball in Washington, Mergers in Biotech
Michigan, Florida, and other states are taking steps to wrestle big discounts from major drug companies
Health Care: Costs Will Stay Feverish
Agribusiness: Better, but No Bumper Year
INDUSTRY OUTLOOK 2002 -- DISTRIBUTION
Transportation: A Long Haul to Recovery?
Retail: Discounters Get Their Day
Food: Hungry for Convenience
INDUSTRY OUTLOOK 2002 -- SERVICES
Professional Services: First, Kill the Consultants
Education: A New Push to Privatize
Airlines: How Ugly?
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Copyright 2002 , by The McGraw-Hill Companies Inc. All rights reserved.
