IT services future brightening

Information technology services firms see an improved short-term business outlook, according to the results of a monthly survey released Nov. 4. Respondents said the federal government and transportation sectors are the biggest sources of recent business demand.

The survey was released by the Information Technology Association of America of Arlington, Va., a trade association; Input Inc. of Chantilly, Va., an IT market research firm; and Legg Mason Wood Walker Inc. of Baltimore, a financial services firm.

The poll of 57 IT services company executives found their month-to-month revenue expectations for October were up significantly, with smaller gains made in billable head count, billing rates, wage rates and operating margins.

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