Cisco's John Chambers Says US Economy Is Slowly And Steadily Improving (CSCO)

The US economy is on the mend and will likely get better, says Cisco CEO John Chambers. Cisco is often looked at as a bellweather of the economy. That's because Cisco is the biggest player in the networking equipment market and its customers are the some of the biggest companies in the world. When things are going well for them, they hire people, open offices and commercial spaces and need to buy more routers, switches, and other IT equipment to grow their networks. When they hit on hard times, ...