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What Would a Recession Mean for IT Spending?

Feb 05, 2008, 23:30 (1 Talkback[s])
(Other stories by Matt Asay)

"Normally IT gets walloped in a recession, with new projects put on hold until the economy thaws. Take the 2001 recession, for example, which saw IT budgets that had been growing 12.9% per year shrink to a 2.8% growth. In such circumstances, enterprises have traditionally placed existing projects on life support while cutting off the air supply to new projects.

"But as the New York Times reports, this time around IT spending may not get hit as hard, at least, not everyone will get equally hard..."

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