EDP service providers: a silver stripe on the horizon

According to the results of the 34th Ifo Survey of EDP Service Providers that occurred in July and August 2003, the EDP service providers seem to have left the long dry spell behind them. After the historical low point of the business climate in the fourth quarter of 2002, the indicator returned to the recovery path in the first half of 2003. Almost every third EDP service provider expects that business will improve in the next six months, 54% see no change, and only 16% fear a decline. Employment continues to decrease and lasting improvement is not in sight for the current year.