Is the tech recession over?

OK, it’s just one data point. All I know is sales of FogBugz and Copilot. But what I’m seeing is this: October-December 2008 were terrible—sales were 20% lower than usual—but starting January 5th, we saw a significant bounce back to the same level of sales as we had before this recession started, and it’s continued to this day.

This could be a fluke; it might not reflect any reality. Or it could be a sign that tech firms, for the moment, are doing reasonably well. The Joel on Software job board is holding steady at about 50 jobs listed, down from a peak around 100, but there are still a significant number of openings for great developers.

Does this jive with your experience? (Comment over at the Business of Software).

About the author.

In 2000 I co-founded Fog Creek Software, where we created lots of cool things like the FogBugz bug tracker, Trello, and Glitch. I also worked with Jeff Atwood to create Stack Overflow and served as CEO of Stack Overflow from 2010-2019. Today I serve as the chairman of the board for Stack Overflow, Glitch, and HASH.