IT Budgets

According to InformationWeek, more than half of all IT professionals surveyed believe we are in or heading for a recession.

As the economy cools, many of the 374 business technology professionals in our poll are bracing themselves for trouble.

• 58% say we're either in or headed for a recession
• 57% are being asked to reduce or limit IT spending
• 37% are cutting IT staff, third-party consultants, or both

The InformationWeek report titled, "Recession And You" for IT professionals is currently available as a free download.