Forrester Says Tech Downturn Is "Unofficially Over" 130
alphadogg writes "The US IT market will grow by 6.6% as high-tech spending rebounds in 2010, according to Forrester Research's latest estimates. The research firm based its projections on data reported for 2009, though its fourth quarter numbers are incomplete. Forrester says hints of a recovery surfaced in the third quarter, and now the company expects the global IT market to grow by 8.1% in 2010. Forrester's US and Global IT Market Outlook: Q4 2009 reads: 'The tech downturn of 2008 and 2009 is unofficially over, while the Q3 2009 data for the US and the global market showed continued declines in tech purchases (as we expected). We predict that the Q4 2009 data will show a small increase in buying activity, or at worst, just a small decline.'"
"unofficially"? (Score:3, Funny)
What makes it official? Netcraft?
Yay for the second derivative! (Score:4, Funny)
Re:It may be true (Score:2, Funny)
Re:Still unemployed (Score:5, Funny)
Man I'm lucky I took longer to graduate. Local large company did all of its hiring during end of Spring semester when most people graduate. I missed that. But I graduated in Fall and got picked up by another company 3 months later. Turns out the other company did lay-offs.. w00t.
Then the market crashed.. good time to start my 401k. My 401k started about 2 months before the crash. Within 8 months and investing $1k into it, it's worth $6.5k. That's a good return me thinks.
Re:Anectodal info (Score:0, Funny)
I'm glad to hear you didn't loose your job. A job should always be kept on its leash, and don't forget to pick up after it in the park.