Shipments of computer goods soared 18.1% year-over-year and 19.9% month-to-month, a strong demonstration that businesses are acquiring new technologies. Shipments of all product categories increased 2.1% for the year and 3.5% for the month.
Even the decline in computer inventories--down 5.6% for the year and 2.3% for the month--suggests an economic rebound for the IT sector is occurring more quickly than vendors had foreseen. "Computers are going out the door faster than people expected," says economist John Tatom, an executive-in-residence at DePaul University. "That's a good trend because computer makers must pick up the pace of production."