Study shows IT spending up 1% in August

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Haverford, Pa.--Spending on information technology increased 1% in August over July, according to the Wendover-Global Insight IT Spending Index, conducted monthly. However, surveys conducted among IT decision-makers for the month of August found that CEOs are still wary of committing to discretionary IT projects. The survey, conducted by Global Insight for Wendover Corp., projects a flat second half of the year for IT spending.
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