March Madness: 23 million Fans and $1.2 billion Lost Productivity
The cost to employers in lost productivity
from March Madness excitement over the NCAA men’s college basketball championship
tournament could surpass $1.2 billion over the course of the 19-day event that begins March
15, according to Challenger, Gray & Christmas survey.
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The
average U.S. 12th-grader reading score in 2006 was the lowest since 1992,
while less than one-quarter (23 percent) of 12th-graders scored at or
above the Proficient level in the 2005 National Assessment of
Educational Progress (NAEP),
Worldwide
computer server shipments increased 8.9% to 8.2 million units in 2006,
while worldwide server revenue was up just 2% to $52.7 billion last year,