Tech Recovery To Start in Fourth Quarter

[HardOCP News]

According to a new report from Forrester Research, the tech industry will recover in the fourth quarter. The bad news? The company’s last prediction on first quarter spending was way off, oops… I mean “results were worse than forecast.” So there you have it, analysts say we are set for a recovery, unless we don’t have one.

The analyst firm reduced its forecast for 2009 information technology spending from a 3 percent decline to a 10.6 percent decline, but it's the hitting bottom, it said. Spending should return to growth in the fourth quarter in the United States, and in the first half of 2010 in Europe and Asia, Forrester said, basing its forecast on newly collected data.

 

[arXiv76]

Worthless data.
If your an economics retard here is some good data for you. Buckle up folks were in for one hell of a rough ride!! Things smell bearish with much blood bled before it gets any better!

 

[spacetrader]

everyone is saying this fall will be the grand turnaround for our economy. without really changing any rules or any god damn thing for that matter, im sure it will happen too

 

[R0N1]

The analysts and researchers predicting the outcome of this again. Nothing new.