The Chartered Management Institute (CMI) surveyed 1,118 senior executives across various industry sectors. The CMI survey said IT managers were "level-headed" in approaching the worsening economic situation.
For example, 79% in the sector view the downturn as presenting them with "greater challenges". And 27% say it has ensured they are "more focused at work".
Only 41% claim fears over the economy have caused them to lose sleep.
The study shows a significant proportion of IT managers are still keen to take risks (30%) or accept extra work (56%).
Many are also not prepared to "sit tight" during the downturn, with 66% suggesting they would be "tempted to move if the right offer came along". And 37% are "actively looking for a more senior position".
Ninety one per cent of IT managers in the survey had experienced redundancy in the past.