Supply Chain Execs See Economic Recovery Close, but Companies Not Fully Ready to Benefit

Raleigh, NC — September 24, 2009 — A majority of supply chain executives from leading high-technology, retail, consumer products and pharmaceutical companies believe that the U.S. economy will "officially turn around" in either the second quarter of 2010 or the fourth quarter of 2009, according to the results of a recent survey.

The survey, conducted earlier this month at the Supply Chain Leadership Forum in Chicago, shows that about 41 percent of the responding supply chain executives expect positive GDP growth in spring of 2010, while almost 30 percent believe the economy will rebound earlier, in winter of 2009.