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October 2003

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October 2003

DATE: October 29, 2003

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ABSTRACT:

In October 2003, the real Tech Pulse Index grew at an annual rate of 44.7% while the nominal Tech Pulse Index grew at an annual rate of 36.0%. Over the last year, the real Tech Pulse has grown 31.7% and the nominal Tech Pulse has grown 20.3%. Falling quality-adjusted technology prices continue to cause the real Tech Pulse to grow faster than the nominal Tech Pulse.

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Federal Reserve Bank of San Francisco and Federal Reserve Bank of New York. "October 2003," Tech Pulse Index (October 29, 2003). https://fraser.stlouisfed.org/title/6712/item/616277, accessed on December 6, 2025.

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