Wednesday, March 14, 2007

IT worth $2 trillion to the US economy

A report by the Information Technology & Innovation Foundation (ITIF) claims that IT is responsible for nearly all of the US pick-up in economic growth over the past decade, adding $2 trillion annually to the economy. The integration of IT into virtually every aspect of the economy and society is creating a digitally enabled economy responsible for generating the lion's share of economic growth and prosperity, both in the US and abroad, the report stated.

Source: vnunet.com

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