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IT Security Spending by U.S. Companies to Hit $61 billion in 2006

7.3%
IT Security Spend share of  Total IT Spend in US

IT departments in U.S. enterprises will spend some $61 billion on security in 2006, representing 7.3% of total IT spending in the U.S., according to a new report from Info-Tech Research Group. Acquisition of new security technologies and services will account for $21 - $27 billion, while the balance goes to operations and staffing costs.

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Texas Pacific Group Tops Global Buy-outs with Deals Worth $101 billion

2006 has been an extraordinary year for private equity, with the value of announced deals hitting a record $700 billion, more than double the record set in 2005 and 20 times bigger than in 1996, according to Thomson Financial data. Texas Pacific Group broke another record this year, to become the first buy-out firm ever to do more than $100 billion worth of deals. 

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Manufacturing Growth Slows to 2.8% in 2007: NAM 2007 Economic Outlook

Despite the drag from residential housing, solid growth in other sectors, particularly business investment and trade, will limit the negative impact of housing on the overall economy, and will find a "soft landing" in 2007, according to the National Association of Manufacturers' 2007 Economic Outlook. 

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Disorganized Office Desk Costs Business People 2 Hours a Week: Survey 

Nearly 34% of individuals lose more than 15 minutes a day or nearly two hours every week to disorganized office desk - hunting for lost papers, sorting through messy files and rebooking missed appointments - according to a new survey by Office Depot (ODP).

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USA Today and Careerbuilder.com Survey on Q1 2007 Hiring Plans

36% Cos. Plan New Hiring in Q1 2007 

U.S. businesses expect to hire a bit less in the beginning of 2007 than they did in late 2006, according to an online survey for USA TODAY and CareerBuilder.com by Harris Interactive. Some 36% of hiring managers said their companies planned to increase the staffing in Q1 2007, down slightly from 38% in q4 2006. 

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Top Billion-dollar Plus Real Estate Deals of 2006; 6 in NYC

2006, the year of housing slump, is also the record-breaking year for commercial property deals. Half of the biggest U.S. single-asset real estate deals in history were announced or closed in the past 12 months, with the top 8 deals topping $1 billion each.  Six of the eight billion-dollar deals were in New York city.

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