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One Quarter Of Small Businesses To Increase Their IT Spending Business owners say good prices, optimism have spurred buying.(A)(IBD/TIPP POLL)
Byline: PATRICK SEITZ
While large companies are postponing investments in new computer gear, small businesses have helped pick up the slack.
That trend could continue the rest of the year.
A new IBD/TIPP poll shows that small businesses are upbeat about their tech spending plans.
Of 1,034 small businesses surveyed, 24% say they plan to increase spending on computer equipment in the next six months. Only 10% plan to decrease that spending and 59% plan to keep it the same.
"Small businesses are generally bullish in terms of their outlook," said Raghavan Mayur, president of TIPP, a unit of TechnoMetrica Market Intelligence and IBD's polling partner.
The inaugural IBD/TIPP small business tech-spending poll sampled from among the 20 million businesses in the U.S. that have fewer than 50 employees and under $20 million in sales. That includes nearly 9 million home-based businesses.
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