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RESEA RCH Regional Economy National Economy National Economic Indicators Economic Indicators Calendar Productivity Data and Analysis Home > Research > National Economy Tech Pulse Index Taking the Pulse of the Technology Sector Released February 8, 2006 Summary Details Reports Tech Pulse Index 1995 to present Tech Pulse Index Global Economy Capital Markets Banking Research Research Publications Economists Visiting Scholars In January 2006, the real Tech Pulse Index grew at an annualized rate of 28.9%, and the nominal Tech Pulse Index grew at an annualized rate of 23.2%. Growth of the real Tech Pulse Index is slightly below the rate of 29.7% at which the index grew over the past 12 months. Growth of the nominal index is above its growth rate of 21.1% over the past year. It should be noted that underlying the January Tech Pulse Index is a substantial downward revision in the employment data. Background The Tech Pulse Index is a summary statistic that tracks the health of the technology sector of the economy in a timely manner. The Tech Pulse Index is computed monthly from a number of data series that move with the technology sector as a whole. The series used to compute the index are investment, consumption, employment, industrial production, and shipments in the technology sector. Please note that each month's numbers differ from those published in prior months and in the Current Issues article because we have additional data which changes the information we use for estimating previous periods. Each month's numbers will be released on the second Wednesday of that month. Next release: March 8, 2006 For more information, see: Taking the Pulse of the Tech Sector: A Coincident Index of High-Tech Activity By Bart Hobijn, Kevin J. Stiroh and Alexis Antoniades, Current Issues in Economics and Finance 9 (10), Oct 2003 For further questions, contact Bart Hobijn, (212) 720-5740, or Ariel Zetlin-Jones, (212) 720-6653. Home Federal Reserve System Contact Us Terms of Use RSS Feeds Site Map