For IT Spending & Budgeting Professionals

Primary Analyst Photo	Document Information	Rate this Document
	December 9, 2005 US IT Investment In Q3 2005: Strong Despite Hurricanes' Impact Full-Year 2005 US IT Spending Still On Track For 7% Growth by Andrew Bartels with Tom Pohlmann, Michael Speyer, Katherine Brown

This is an excerpt

Executive Summary

Third-quarter 2005 data from both the US government and vendor sources on business investment in information technology (IT) goods showed growth of 9% to 10%, depending on the measure. IT buyers appear to have shrugged off the distractions of hurricanes Katrina and Rita and higher energy prices. The observed growth rates for this quarter were two percentage points higher than we expected, but not high enough to alter our overall projection for the year. Investment in communications equipment and software was strong and spending on IT consulting and outsourcing services showed continued revival, but investment in computer equipment slowed. The third-quarter data raises our forecast for the level of 2005 US IT spending by $1 billion, but still keeps our forecast at 7% growth for 2005 as well as for 2006.

TABLE OF CONTENTS

• Third-Quarter 2005 Data Shows Solid Growth In US IT Investment
• No Changes To Forrester's Forecast Of 7% Growth In US IT Spending

WHAT IT MEANS

• Tech Investment Is Rotating From Computers To Routers And Switches

ALTERNATIVE VIEW

• 2006 IT Spending Lower Due To Weaker Economy
• Supplemental Material
• Related Research Documents

This is an excerpt

Buy Risk-Free

Price: US $499

Our Money-Back Guarantee: If you are not completely satisfied, return it for a full refund within three weeks of your online purchase.

Already a Forrester Client?
Log in to read this document.