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March 2004 : Data Release

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March 2004 : Data Release

DATE: March 10, 2004

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In February 2004, the real Tech Pulse Index grew at an annualized rate of 35.3% and the nominal Tech Pulse Index grew at an annualized rate of 28.0%. This is in line with growth in recent months. Over the last year, the real index has growth 36.9% and the nominal index has growth 27.8%. These are the highest twelve-month growth rates since the beginning of the last recession in March 2001. This sustained strength in the Tech-sector seems to indicate a robust recovery. However, employment in the sector is still not growing.

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Federal Reserve Bank of San Francisco and Federal Reserve Bank of New York. "March 2004 : Data Release," Tech Pulse Index (March 10, 2004). https://fraser.stlouisfed.org/title/6712/item/616281/content/xls/frbsf_tpi_mar2004, accessed on December 11, 2024.

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