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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 January 14, 2004 Summary Details Reports Tech Pulse Index 1995 to present Tech Pulse Index Global Economy Capital Markets Banking Research Research Publications Economists In December 2003, the real Tech Pulse Index grew at an annualized rate of 48.7% while the nominal Tech Pulse Index grew at an annualized rate of 32.5%. Over the last twelve months, the real index has grown 42.7% and the nominal index has grown 37.0%. This shows that the technology sector continues to grow strongly. 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 the numbers published in the Current Issues article because we have additional data. Each month's numbers will be released on the second Wednesday of that month. Next release: February 11, 2004 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 Rebecca Sela, (212) 720-5494. Home Federal Reserve System Contact Us Terms of Use Mobile Devices Site Map
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