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Home > Research > National Economy
Tech Pulse Index
Taking the Pulse of the Technology Sector
Released September 8, 2004
Summary
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Tech Pulse Index
1995 to present
Tech Pulse Index
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In August 2004, the real Tech Pulse Index grew at an
annualized rate of 34.5%, and the nominal Tech Pulse
Index grew at an annualized rate of 20.4%. Growth of the
real Tech Pulse Index slightly exceeds the rate of 33.6%
at which the index grew over the past 12 months. Growth
of the nominal index is slightly lower than its growth rate
of 22.5% over the past year.
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: October 13, 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
Andrew Zuppann, (212) 720-1392.
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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 September 8, 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
latest
Jun
2004
Jul
2004
Aug
2004
Real Index
33.6%
34.5%
40.5%
34.5%
Nominal Index
22.5%
20.6%
20.7%
20.4%
Industrial
Production
28.6%
30.1%
35.0%
NA
Shipments
10.8%
2.5%
23.8%
NA
Employment
0.4%
2.3%
2.1%
2.5%
PCE
7.8%
9.8%
3.2%
NA
-9.9%
-14.8%
-12.0%
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:
October 13, 2004
November 10, 2004
December 8, 2004
January 12, 2005
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