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OECD: Global IT economy bouncing back

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Could the worst be behind us?

The Organization for Economic Cooperation and Development (OECD) is set to deliver some hopeful news to the IT industry this week, when it plans to release a report highlighting some early signs of a recovery, according to the New York Times.

The OECD, a multinational economic forum based in Paris, has surveyed production levels of high-tech equipment such as semiconductors, mobile phones and PCs and found that, while they're still well below the pre-crash mark of 2008, they're looking up.

The Times quotes a hopeful OECD economist saying that the findings of the study "could be the turning point."

Of course, we're not out of the woods yet.

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