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Some positive economic indicators

by Scott Bicheno on 6 February 2009, 14:45

Tags: Qimonda

Quick Link: HEXUS.net/qaqxj

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It might be nothing but...

Anyone reporting positive economic news these days feels obliged to attach all kinds of caveats along the lines of "it might mean nothing", "it could just be a blip" and "we've got a long way to go yet" and HEXUS.channel is no exception.

However, in common with the rest of the world, we're also looking hard for any signs of at least a slow-down in the crappy economic news and consider it the moral obligation of the media to report positive economic news where it finds it, especially now.

In the past week rises in the prices of three bellwether indicators have been reported. First, RAM price tracker DRAM eXchange revealed that the insolvency of DRAM maker Qimonda in late January resulted in a 25 percent jump in the spot price of DDR2 1Gb.

It must be noted that prices have dropped a little in the past couple of days so we can't predict a reversal of the two year long decline in DRAM prices, but we'll take good news where we can get it. The table below is taken from DRAMeXchange.