2001 IT spending up

Federal spending on information technology should increase 4.5 percent in fiscal 2001, according to Federal Sources Inc., which plans to announce its findings at its annual Outlook Conference. FSI is a McLean, Va.-based market research firm.

IT spending is billions of dollars higher than in past years because of new Office of Management and Budget financial reporting strategies, which break out IT spending previously included in non-IT accounts.

The Forecast (Dollars in billions)

Fiscal 1999 Fiscal 2000(estimated)Fiscal 2001 (requested)
Civilian $19.8 $20.0 $22.0
DOD $19.7 $20.0 $19.9
Total $39.5 $40.1* $41.9

*Does not add up due to rounding.

Biggest IT spenders Fiscal 2001

1. Defense agencies $7.0

2. Air Force $4.7

3. Army $3.2

4. Health and Human Services $3.1

5. Navy $2.9

About the Author

Connect with the FCW staff on Twitter @FCWnow.

Featured

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.