Gross investment in equipment and software has fallen so low that it is not even covering estimated depreciation, meaning that further spending increases are needed just to prevent the capital stock from continuing to shrink, let alone to foster a modest expansion of the capital stock as the recovery proceeds.
So this sector has the potential to be a source of strength for the economy. BIS Review 46/2010  3  With only a moderate recovery likely on tap, I expect unemployment to come down only slowly from its currently elevated level.