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Home > Research > National Economy
Tech Pulse Index
Taking the Pulse of the Technology Sector
Released November 9, 2005
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Tech Pulse Index
1995 to present
Tech Pulse Index
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In October 2005, the real Tech Pulse Index grew at an
annualized rate of 43.3%, and the nominal Tech Pulse
Index grew at an annualized rate of 33.4%. Growth of the
real and nominal Tech Pulse Indexes are above the rates
at which they grew over the past 12 months, 37.4% and
25.7% respectively. Revisions to the underlying data
used in the construction of the Tech Pulse as well as
increased growth in the sector contributed to upward
revisions in both the real and nominal Indexes.
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: December 14, 2005
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.
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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 November 9, 2005
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
latest
Aug
2005
Sep
2005
Oct
2005
Real Index
37.4%
47.1%
43.3%
43.3%
Nominal Index
25.7%
31.1%
37.0%
33.4%
Industrial
Production
24.0%
49.4%
46.7%
NA
Shipments
8.2%
44.0%
-22.5%
NA
Employment
1.1%
0.8%
0.3%
1.2%
PCE
6.0%
2.5%
12.8%
NA
-15.2%
-22.2%
-8.7%
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:
December 14, 2005
January 11, 2006
February 8, 2006
March 8, 2006
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