...And They're Giving The U.S. A Nice Competitive Edge

If findings such as Lichtenberg's are accurate, the U.S. should be in the catbird seat once the global economy enters the broad cyclical expansion expected later this year and in 1995. For as economists Bruce Steinberg and William Sterling of Merrill Lynch & Co. observe, U.S. companies are far ahead of their European and Japanese rivals, not only in the radical restructuring inspired by heightened global competition but also in the development and deployment of information technology.

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