Saturday, January 30, 2010

Good News, Bad News (originally posted 10/29/09)

Today's announcement by the US government that 3rd quarter growth was 3.5% did not surprise me. I was just in Asia for another round of trade shows last week. As my company is a relatively small player insofar as Chinese factories are right-sized for, we tend to get pushed back if another "more important" (read larger) customer has an urgent need. I heard a lot of rumble that factories were getting slammed. Our ship dates are being pushed back. I suppose this is good news in the aggregate. The bad news tends to be specific - the impact on us is that several of our launches planned for year end are now in jeopardy.

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