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According to data released earlier this month by the US Census, the growth of the nation’s software and IT tech sectors dramatically slowed in 2008 – the first such drop since the dot-com crash. Overall, revenue still grew, just at a slower rate – 7.7% – than in 2007 when growth hit 13.2%. The 2008 numbers ( PDF ) are the agency’s most current figures, and they reveal an industry that earned significantly less on design and development work than it did just a year before. Revenue growth from other services, as well as exports, also slowed.

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