A New Business Surge
Realized business activity has had a varied and colorful trajectory since the first quarter of 2021. This reflects the fluctuations in technology and what is deemed vital in terms of services.
“This is a positive sign that businesses are coming back,” said Fernandez. “We can see in Q4 [2021] that, as expected, most businesses suffered a bit and had to cut spending. But then we see what the industry is feeling is the surge in new business.
“This is a great sign, with both providers and customers now ramping back up for growth and stability over the remaining portion of the year and into the next.”
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