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IT buyers will keep purses shut till New Year

IT spending will likely return to growth next year, although it will be modest - about four per cent worldwide for the whole year. This will be partly driven by pent-up demand - purchases and upgrades which have been delayed by recession fears this year. The survey, from Goldman Sachs, found businesses expecting to increase …

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FAIL

Yawn

Goldman Sachs and the banks should know the size of the gap between what people say they will do a year ahead and what actually happens.

Check back in January 2011 to find the accuracy of their prediction.

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