Thursday, June 07, 2012

IT Spending Growth Slowing

The slow growth economy is affecting IT spending.  JP Morgan has reduced the forecast for IT spending in 2012 from 3.8% growth to 2.2% growth.  I suppose the good news is that they are still predicting growth!

Source:  Reuters Article “JPMorgan cuts IT spending outlook as economy slows” by by Tenzin Pema



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