Analysis: IT spending will drop because of federal budget cuts

03/1/2013 | Computerworld

Automatic federal budget cuts scheduled to take effect today will hinder IT spending, Forrester Research's Andrew Bartels says. Forrester had predicted that IT spending would rise 7.5% this year, but because of the expected federal cuts, the firm says growth is likely to be lower. That could hurt the economy because federal purchases represent 8% to 10% of U.S. tech spending, Forrester says.

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