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In our last US tech market forecast (“US Tech Market Outlook For 2021: After The Election How Politics, The Pandemic, And The Economy Will Shape Industry Tech Budgets“), we projected that US business and government spending on tech goods, services, and staff would be weak, with a 0.4% decrease. At that time, the Republicans had a slim majority in the US Senate, with the prospect of adding to that majority when runoff elections for two Georgia Senate seats occurred on January 7, 2021. Our forecast assumed that the Republican-controlled Senate would resist calls for additional federal government spending to reverse the effects of the COVID-19 pandemic, keeping both the US economy and the US tech market on a slow and tepid recovery path from the 2020 recession. ....

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