Records in the News

There are signs this week that we are truly coming out of the recession, and one of those signs hits very close to home, the Records Management Industry. Xerox Corp stock saw the largest jump in over a year. They credit the fact that businesses are spending more on document management along with the company's purchase of Affiliated Computer Services. The success of the stock further demonstrates the need for fully integrated document management services.

New home sales saw a 27% increase last month, the biggest monthly increase in 47 years. The New York Times is crediting the home tax credit, which will expire by the end of the month.

In non-economic news, several North American, European and Asian countries had a teleconference this week about Facebook and other social networking sites. At issue is data privacy and prevention of identity theft. Facebook now has almost half a billion users. If it were a country, it would be the third largest in the world.