Friday, March 30, 2007

Input: IT market is still growing but slowly

Federal spending on information technology will maintain its modest growth rate over the next two years, as the political climate keeps agencies wary of major new projects, according to a new market report.

IT spending will increase by 2.9 percent across the three branches of government, according to Input, a market research firm. President Bush's fiscal 2008 budget proposal increases total civilian agency IT spending to $65.5 billion, or 2.6 percent over fiscal 2007.

Read rest of the story: FCW.com News - Input: IT market is still growing but slowly

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