CIOnomics · Tech Investment
Tech Investment
Business spending on computers, other information processing equipment, software and R&D, and their share of all business investment.
Quarterly · Sources: BEA
- Business spending on computers and peripheral equipment rose 59.5% in the year to the second quarter of 2026, to $420 billion at an annual rate.
- Since the end of 2019 it has more than tripled, up 256%. Software is up 75% and R&D 73% over the same period.
- Equipment, software and R&D together are 54.8% of business investment, up from 46.7% at the end of 2019.
- They accounted for 90% of the past year's increase in business investment. The rest of business investment rose 2.0%.
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US businesses invested $420 billion a year in computers and peripheral equipment in the second quarter of 2026, 59.5% more than a year earlier.
Bureau of Economic Analysis, seasonally adjusted annual rate. CIOPages CIOnomics, Tech Investment, Q4 2026.
Information processing equipment, software and R&D made up 54.8% of business investment in the second quarter of 2026, up from 46.7% at the end of 2019.
Bureau of Economic Analysis, current dollars. CIOPages CIOnomics, Tech Investment, Q4 2026.
Technology accounted for 90% of the rise in US business investment in the year to the second quarter of 2026.
Bureau of Economic Analysis. CIOPages CIOnomics, Tech Investment, Q4 2026.
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