Site Selection and the IT Industry
The information technology sector is back. Having experienced severe declines in the wake of the dotcom collapse, employment in software development, computer systems design, and data processing has witnessed a turnaround in recent years. After posting two consecutive declines in employment from 2001 through 2003, the industry witnessed sustained growth beginning in 2004. While information technology employment remains approximately 10% below 2001 levels, the industry's labor force grew 3.1% in 2005—a rate 75% higher than the overall growth rate of the U.S. labor market. more....