STAMFORD, CT – Gartner Inc. today issued a revised 2009 capital spending forecast of $39 billion, and dropped its capital equipment sales forecast to $26.8 billion.
 
The revised figures are 17% and 18%, respectively, lower than 2008’s predicted levels.
 
Last month, the research firm forecast capital expenditures of $41.1 billion and total equipment spending of $30.5 billion.
 
On a conference call today, Gartner's analysts said the forecast sales would be at their lowest levels since 2003.
 
Gartner suggested buyers tighten component inventories by reducing order sizes and ordering more often.

• Prev
• Next