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Federal IT market thriving; Increased spending means strong ad gains for PostNewsweek, 101...

By Callahan, Sean
Publication: B to B
Date: Monday, November 10 2003

Byline: SEAN CALLAHAN

While most technology advertising continues its steady, three-year decline, at least one tech sector is looking up. U.S. federal government spending on information technology products and services is expected to increase to $68.2 billion in fiscal 2008, up from $45.4 billion in fiscal 2003-a compound annual growth rate of 8.5%, according to INPUT, a Reston, Va.-based market research firm. INPUT expects the departments of Defense, Homeland Security, Transportation, Energy and Treasury to generate the most federal spending.

Among the bene

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