The health of the U.S. technology industry is at <A HREF="http://www.eweek.com/article2/0,1895,2107267,00.asp?kc=EWNAVEMNL032607EOAD">it's highest level in five-and-a-half years,</A> finds the latest quarterly index from Forrester Research and Information Technology Association of America.

The Q4 2006 Index suggested that there will be continued slow but steady gains for the tech sector in 2007. Based on 11 indices measuring IT supply, demand and the fiscal strength of U.S.-based vendors, and measuring against a 2002 average of 100 as the baseline, seven of the 11 indices were up in Q4 2006. There was a 2 point increase in Q4 and a 3.7 point gain in Q3.