entrepreneurshipresource center

The Resource Center has all the info you'll need From content to user feedback, the resource center has the information you need for every level of the entrepreneurial process.

US IT Spending: Down, Not Out

Mark Marich

Given the seemingly unceasing tide of bad economic news, Forrester’s recent projections for the information technology (IT) market have to count as good tidings. Forrester is projecting business and government IT spending to grow by 1.9 percent in 2009. This is a big drop from 2008’s growth rate of 4.8 percent, but it’s still an (albeit small) increase. Forrester also projects a two percent rise in 2009 software sales, and little or no growth in computer equipment and IT services sales. This slowing performance is worrisome, but it is still strong when compared to the major downturns that occurred in the aftermath of the dot-com bust in 2001 and 2002 when the IT market absorbed declines of 15 to 20 percent.

Access a summary of the December 9, 2008 Forrester Research report, “US IT Market Outlook, Q4 2008,” by Andrew Bartels.

The full report is available for purchase.

comments powered by Disqus

Search the Resource Center

Stay Connected

Email Newsletter Signup

Want to get connected? Sign up to receive regular news, polls and updates from The Kauffman Foundation.

Email Newsletters

Want to be up-to-date with the latest news and updates from Entrepreneurship.org? To subscribe, just give us your email address below; you'll choose which e-newsletters you'd like to receive on the next screen.