Tech industry recovery under way, says Forrester

[NJmaverick]

NEW YORK – A new report on information technology provided further evidence that an industry recovery is under way, with U.S. spending now expected to grow faster than previously believed.
Forrester Research now expects information-technology spending in the U.S. to grow by 8.4 percent this year, to $550 billion. That is up from its January forecast, of a 6.6 percent increase compared with 2009.
The better outlook is helped by higher spending on communications equipment than Forrester previously expected, accompanying the ongoing rebound in computer and software purchases.
The worldwide tech market, meanwhile, will grow by 7.7 percent as measured in U.S. dollars, to nearly $1.6 trillion. This is slightly lower than Forrester's previous forecast of a 8.1 percent growth. That's because the Greek financial crisis weakened the euro and strengthened the U.S. dollar, Forrester analyst Andrew Bartels said.

http://news.yahoo.com/s/ap/20100408/ap_on_hi_te/us_tec_technology_spending;_ylt=Ap9mCdd7IwrL3i79NmFU2AOs0NUE;_ylu=X3oDMTN1ZTZjYWswBGFzc2V0A2FwLzIwMTAwNDA4L3VzX3RlY190ZWNobm9sb2d5X3NwZW5kaW5nBGNjb2RlA21vc3Rwb3B1bGFyBGNwb3MDOQRwb3MDNgRwdANob21lX2Nva2UEc2VjA3luX2hlYWRsaW5lX2xpc3QEc2xrA3RlY2hpbmR1c3RyeQ--

[drm604]

1. After several years of nothing I've had two IT job offers and several more showing interest.

I'm employed with one of them now. The tech industry does seem to be looking up.

[conspirator]

2. I don't know. I see jobs, but none in a decent salary range

for the kind of stress you get in IT. To make just a bit more money than a Supermarket cashier, with all the hassles of IT, I rather work at the Supermarket.

[drm604]

3. Maybe I've been fortunate.

What can I say?