IT executives' confidence decreases during Q2, study finds

IT industry executives are feeling a little less confident due to decreasing corporate budgets, according to The Wall Street Journal.

The finding is from a recent survey from CompTIA. The organization surveyed executives from 277 American IT companies about their outlook on the economy, the IT industry and their own company's status. The executives scored their level of confidence on a 100-point scale.

The rate of confidence among executives decreased 0.9 points to 63.1 during the second quarter. Despite this drop, confidence among IT executives "remains in relatively healthy territory," according to CompTIA.

Survey participants said their key worries included "price sensitive customers hesitant to spend," decreasing margins and various unanticipated surprises, such as a new financial crisis, according to the report. In addition, participants said retaining talent is difficult — while nearly 50 percent of the executives said their companies were understaffed, 72 percent said the current hiring environment is "challenging."

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