February 1 Transcript
The Divided Recovery
Presenter: Scott Wren, Senior Global Equity Strategist, Wells Fargo Investment Institute
15-years ago this building was part of an old industrial complex-long abandoned and fallen
into disrepair.
Since then, it’s become a business innovation community. Generating over 4,000 techrelated jobs and attracting half a billion dollars in investment.
Here, state-of-the-art research labs and IT facilities are providing business development
resources for new startup companies. Many of these startups are actually developing new
technologies that bring efficiencies to old-line industries.
This kind of innovative environment can be found all over the country and is just one of the
many factors changing today's labor and manufacturing markets.
Graphic: U.S. Map: More than 28 million small businesses in the U.S. employee more than
half of the total U.S. workforce.
This is big news, because more than 28 million small businesses in the US employ more
than half of the US workforce. And are responsible for nearly 50% of the US gross domestic
product.
And today, small businesses create two out of every three new jobs.
Graphic: U.S. Map: Small businesses create two out of everything three new jobs.
And while larger, highly productive firms will still have a significant impact on the economy,
many industrial cities around the country are rethinking and retooling for the future. Just
like this facility.
What does all this mean for investors? Well we expect technology-driven change to
accelerate and the winners will be the companies and workers best prepared to adapt to this
brave new world.
So, we think investors looking for growth opportunities in coming months should focus on
industries in sectors most likely to incorporate innovation into their products and services,
like Technology and Healthcare.
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Graphic: Innovative sectors: Technology and Health Care
[Thanks] Want to know more about these trends and the investment opportunities they
bring with them? Download our special Wells Fargo Investment Institute report, The Divided
Recovery: How the Innovative and Efficient Adapt.
Graphic: Download report; The Divided Recovery
Disclosures
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market risk which means their value may fluctuate in response to general economic and market
conditions, the prospects of individual companies, and industry sectors. Investments in equity
securities are generally more volatile than other types of securities. Technology and Internet-related
stocks, especially of smaller, less-seasoned companies, tend to be more volatile than the overall
market.
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