IT Outlook Merits A Yawn

Business technologists are tentative about prospects for the economy in the coming months, according to the latest IT Confidence Index. Influencing survey respondents is an economy that shows little promise of significant growth anytime soon. Nearly half of the respondents say their companies' total IT spending for the coming quarter will be flat, one-third foresee an increase, and nearly one in five predict a decrease. IT shops should be as busy in the fourth quarter; 53% of respondents are positive about IT project starts and initiatives over the next three months, the same percentage as last year.