US IT industry grew by 6.3% in 2003

U.S. IT industry grew by 6.4% in 2003, compared to 1.6% in 2002 and 0.9% in 2001. The IT industry's total output of goods and services was $1.24 trillion in 2003, up from an estimated $1.17 trillion in 2002. The growth of the IT industry doubled the rate of growth in the total U.S. economy, which is an estimated 2.9% in 2003, according to the report.