Senate elections in Georgia improve the US in 2021 Tech Market outlook

Senate elections in Georgia improve the US in 2021 Tech Market outlook

News Highlights: Senate elections in Georgia improve the US in 2021 Tech Market outlook

ATLANTA, GA – JANUARY 06: Election officials count votes for Fulton County on Jan 6, 2021 in … [+] Atlanta, Georgia. The polls closed last night at 7 p.m. for the second election for senate seats between Republican incumbent Presidents David Perdue and Kelly Loeffler and Democratic candidates John Ossoff and Rev. Raphael Warnock. (Photo by Megan Varner / Getty Images)

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In Forrester’s latest forecast for the US technology market, we predicted that US corporate and government spending on technical goods, services and personnel would be weak, down 0.4%. At the time, Republicans had a narrow majority in the US Senate, with the prospect of increasing that majority when the elections for two seats in the Georgia Senate took place on January 7, 2021. Forrester’s prediction was that the Republican-controlled Senate would oppose calls for additional federal government spending to reverse the effects of the Covid-19 pandemic, causing both the US….

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