The Worst May Be Over for the Tech Industry
At least according to Forrester Research.
“The research firm nonetheless revised its forecast for 2009. It now expects the U.S. technology market to shrink by 5 percent this year. In March, Forrester had predicted a smaller 3 percent decline in spending on technology products and services.” According to a recent article on Online Athens.
I personally see that within the industry it feels like things are starting to slowly but surely pick up. I’m seeing more money being spent on marketing and advertising with lots of anticipation that things will be better by Q4 CY.
Many people I talk with are also feeling that there is a slight shift in the attitudes across the industry, it’s no more continual doom and gloom reminiscent of the dot.com bust. I for one am optimistic that when fall gets into swing we will also see an uptick in consumer confidence and high tech will be leading the way.
