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Home > Research > National Economy

Tech Pulse Index
Taking the Pulse of the Technology Sector
Released July 14, 2004

Summary

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Reports

Tech Pulse Index
1995 to present

Tech Pulse Index
Global Economy
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In June 2004, the real Tech Pulse Index grew at an
annualized rate of 35.47%, and the nominal Tech Pulse
Index grew at an annualized rate of 20.24%. Growth of
the real Tech Pulse Index is comparable to the 36.67%
the index grew over the last year, while the growth of the
nominal index remains slightly lower than its yearly
growth of 24.07%.
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: August 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,
Rebecca Sela, (212) 720-5494, or Andrew Zuppann, (212) 7201392.

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RESEA RCH
Regional Economy
National Economy
National Economic
Indicators
Economic Indicators
Calendar

Home > Research > National Economy

Tech Pulse Index
Taking the Pulse of the Technology Sector
Released July 14, 2004

Summary

Details

Reports

Productivity Data and
Analysis
Tech Pulse Index
Global Economy
Capital Markets
Banking Research
Research Publications
Economists
Visiting Scholars

Indicator Table
12
MONTH
GROWTH
RATE

MONTHLY GROWTH R A T ES
ANNUALIZED

Indicator

Jun
2004

Apr
2004

May
2004

Jun
2004

Real Index

36.7%

33.3%

43.7%

35.5%

Nominal Index

24.1%

20.5%

20.5%

20.2%

Industrial
Production

30.0%

27.9%

50.8%

NA

Shipments

14.4%

33.8%

-20.1%

NA

Employment

-1.1%

-0.1%

2.4%

2.0%

PCE

10.5%

10.6%

6.6%

NA

-11.5%

6.1%

-9.5%

NA

(nominal)

(computers +
software)

PCE deflator
(computers +
software)

Historical Data
View chart:
Tech Pulse levels from 1971 to present
Tech Pulse growth rates from 1971 to present
Tech Pulse twelve-month growth rates from 1971 to
present
Download data (1971 to present): Excel
Upcoming Releases:
August 11, 2004
September 8, 2004
October 13, 2004
November 10, 2004
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