IT is on the rebound, accorindg to Forrester:

"Any suggestion that information technology is yesterday's news, doesn't matter, or has lost its edge as an economic driver is just plain wrong," Miller said. "In fact, major trends indicate the opposite is true."

Later Forrester says:

The tech industry has "clearly recovered" from the
recession of 2001-02, Colony said.

Read the full article at PCWorld.com