Both of Johnson Controls' lines of business will benefit from an increasing willingness to invest in productivity-enhancing products and services. |
Consumers reacted to what happened in the last few years by going out and spending more money than they made, while corporations hoarded their cash and focused on improving their internal finances and returns to shareholders. |
The current economic expansion of the last three to four years has been hugely geared to consumer spending, while corporations have been sitting on their wallets. We think that trend is going to start reversing in 2006. |