| February, 2000 Volume 3, Issue 2 _______________________ ![]() |
A Team Boston Newsletter |
| Inside this issue:
Program Percent Chart Cont.. 3
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Changing Times
Team Boston has spent the last year and a half According to "The Kiplinger Letter," the 10 business trends for 2000 will be: 1. Higher interest rates. Two-quarter point hikes likely by July to cool U.S. growth while recovering foreign markets boost our exports. 2. A more subdued stock market. Look for gains of about 10% on major indexes in '00. |
3. Intense wage pressure as the unemployment rate dips below 4%.
Businesses will shell out lots of money to find and keep good workers. Extra perks,
bonuses, employee discounts. More flextime, telecommuting. 4. Double-digit hikes in health care costs. . 5 Lower energy bills. Oil, gas, electricity prices will drop. Oil down 25% by July. Gas, 10% less by Sept. Restructuring, mergers and state deregulation will push down electricity rates in most regions. 6 A quantum leap in e-commerce. Faster Internet connections will more than double total business-to-business online dealings in 2000 to $250 BILLION. And online sales to consumers will reach $39 billion. 7 But a deflating dot.com bubble, pierced by fierce competition among redundant consumer sites 8 A clampdown on development by cities and states. A reaction to massive construction wrought by the sustained economic boom of '90s. Planning, zoning laws will be tightened, environmental rules pumped. |
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