Projected increases put quality spending near pre-9/11 numbers and signals an end to recession.
In the Fifth Annual Quality Spending Survey, Quality magazine projects spending to nearly match pre-9/11 levels and to exceed pre-recession levels. Forecasted total spending on test, inspection and measurement equipment, quality software, and consulting, training and contract services is $2.98 billion, an 8% increase from 2004 spending of nearly $2.8 billion.