How is IT doing in Ireland at present?

Many of the experts are telling us that the IT Industry in Ireland had a slight downturn, in that the market for IT products and services dropped by about 12% in 2009, but 2010 is showing signs of recovery, and the projected growth by the end of 2010 will be only about -3% which is an improvement on last year. What are your thoughts on this and do you agree with the experts?.