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The engine of global economic growth has been the U.S. consumer, propelled by historically low interest rates. While consumers are still solid, 17 interest rate increases over the last two and a half years have mellowed them a bit.
?U Social:
Since the whole global economic is growing, the consumers will buy more consumption electric product. The governments need more construction.
A profound social change has been the accelerating interest of consumers and employees in quality-of-life issues. GE has advantage at this part. GE is the No.1 of Top 20 Most Admired Companies 2007 selected by Fortune magazine...
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