Tech Spending to Decline in ‘09 - Digits - WSJ.com

Spending on information-technology goods and services this year will contract 3% compared with 2008 to $1.66 trillion, according to Forrester Research. Many researchers have predicted a slowdown in spending growth, but Forrester is among the first to predict an overall decline. While the economic downturn sweeping the globe is the biggest contributor to the drop, there’s another culprit as well: a stronger dollar.

Tech Spending to Decline in ‘09 - Digits - WSJ.com