Americans’ Technolust Spending Is as Hot and Heavy as Ever
August 3rd, 2007 by Albert T. Wong `01
All this runs on software. More jobs for Comp Sci.
Americans’ Technolust Spending Is as Hot and Heavy as Ever
High tech gear gets cheaper every year. So we’re spending a lot less on it, right? Um, no. In fact, the proportion of US household budgets spent on tech products and services — computers, game consoles, cell phone service, cable, TVs — has held steady at about 5 percent for most of the past decade. We’re just spending that money — more than we pay for health insurance — on different stuff.



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