] A strong majority of companies surveyed for a recent IDC
] study expect to maintain or increase their IT spending in
] 2003, but those plans are tightly tied to worldwide
] economic stability, according to the research firm.
]
] The survey covered around 1,000 chief information
] officers (CIOs) and chief executive officers (CEOs) in 12
] countries throughout the U.S., Europe, and Asia/Pacific.
] Of those polled, 85 percent say they expect their IT
] budgets to either remain flat or grow in 2003 over last
] year.

Good news? [rubs eyes, looks again] I don't see the phrase "cut spending" or "additional layoffs" in there..

ITworld.com - IDC: Worst may be over for IT cutbacks