The Scorelogix IT Job Security Index decreased by 2.8% or by 1.3 points (MOM) in October 2012 when compared to September 2012 and increased by 8.0% or by 3.4 points (YOY) in October 2012 when compared to October 2011. After increasing rapidly from June to August, the index decreased in September and October 2012 indicating that IT spending has reduced and is not a priority for businesses anymore and this can be attributed to seasonality as well as cautionary spending strategies being adopted by many businesses.
Updated monthly, Information Technology JSI reports can be purchased individually or by subscription. National and other selected industrial group JSI's are also available individually or by subscription and custom reports for specific geographic regions (down to the zip code level) and other industrial groups can also be purchased.