IDC recently announced the latest FutureScan results for the month of January. From what buyers believe about their IT spending growth in 2005 and from the macroeconomic indicators, 2005 looks to be a repeat of 2004. The forward-looking macroeconomic picture remained virtually unchanged from December's FutureScan, while buyer expectations dipped, with the FutureScan Buyer Intent metric dropping from 1088 to 1075.

"All year long the market indicators have been cooling," noted John Gantz, IDC's Chief Research Officer. "The slight rise in the stock market in recent weeks has been countered by GDP and profit growth expectations for 2005 that are lower than 2004, as well as lower forecasts for vendor revenue growth and rising interest rates."

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