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When asked how present year spending will compare to the previous year, 41% foresee increased spending, up from 36% on this question last year.
Additionally, when asked how spending will change in the next two years to three years, the respondents were fairly bullish. This year, 53% said they expect an increase over the next two years to three years, up from 48% on this question last year, and equal to 2019’s answer as to their long-term spending outlook.
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