Tech sales will rise again in Q4

U.S. sales of hardware, software and technology services fell dramatically this year, but they're expected to rise again by late 2009, according to a report released by Forrester Research on Tuesday. Panic brougt on by the financial crisis caused sales to fall 5.1 percent in 2009, versus the 3.1 percent the firm estimated in March, according to a story in today's San Francisco Chronicle.
Forrester expects sales to increase again in the fourth quarter, with a recovery coming in 2010.
The uptick can't come soon enough for the Vancouver-area's shrinking tech companies, many of which have undergone large layoffs in the past year.
 

Has your tech company experienced layoffs this year? Do you expect sales to recover by the end of the year?