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Forrester Says Tech Downturn Is "Unofficially Over"

alphadogg writes "The US IT market will grow by 6.6% as high-tech spending rebounds in 2010, according to Forrester Research's latest estimates. The research firm based its projections on data reported for 2009, though its fourth quarter numbers are incomplete. Forrester says hints of a recovery surfaced in the third quarter, and now the company expects the global IT market to grow by 8.1% in 2010. Forrester's US and Global IT Market Outlook: Q4 2009 reads: 'The tech downturn of 2008 and 2009 is unofficially over, while the Q3 2009 data for the US and the global market showed continued declines in tech purchases (as we expected). We predict that the Q4 2009 data will show a small increase in buying activity, or at worst, just a small decline.'"

2 of 130 comments (clear)

  1. Re:Way To Make Yourself Look Like An Idiot by NotQuiteReal · · Score: 0, Offtopic

    Whatever. If you are annoyed by that phrase, it sounds like a personal problem to me. Anyway, at the end of the day, I still have my job.

    Chill out, it's all good. I'm not gonna lie, but, um, can we talk? Dude! I am just doing my due diligence, in trying to help me to help you to be honest about things.

    Sheesh. And I thought AC for for warm climates only!

    --
    This issue is a bit more complicated than you think.
  2. Re:Way To Make Yourself Look Like An Idiot by jaroslaw.fedewicz · · Score: 0, Offtopic

    You probably a Hindu on a H1B visa. So if you are some Abu working for lunch money you will always be employed, no matter which kind of depression we get into.

    That's why people like us have advantage over you. We can see the wonders of the Universe and have fun for less than 30 altarian dollars a day, and be quite happy with our lives, no matter which kind of depression you get into.