This month's Economic Confidence Meter pulled back somewhat from last month's highs on every front - perhaps the result of the reality of the aftermath of the Iraq war setting in. CIOs' confidence in the chances for a recovery in the overall economy in the next three months fell three tenths of a point, to 5.5 from 5.8 on a scale of 1 to 10, while confidence in the chances of a recovery in their own industry categories fell to 5.6 from 5.8, and their outlook for their own companies dropped to 6.2 from 6.4. Among industry sectors, consulting/professional services, which rose 1.4 points, to 6.6, last month, fell back to 6.0; healthcare also retreated, to 5.1 from 5.6, as did telecom, which came in at 5.4, down from a longtime high of 6.0.

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