Taking the Pulse of the Tech Sector: A Coincident Index of High-Tech Activity
Federal Reserve Bank of New York - Domestic Research Function; Leonard N. Stern School of Business - Department of Economics
Kevin J. Stiroh
Federal Reserve Bank of New York
Current Issues in Economics and Finance, Vol. 9, No. 10, October 2003
A new index of the U.S. high-tech sector - drawing upon a range of technology-specific data - has the potential to offer a more timely assessment of economic activity than has been possible to date. The index suggests that while the tech sector has rebounded from its poor performance in the 2000-01 tech bust, it has not resumed its rapid expansion of the late 1990s.
Number of Pages in PDF File: 7
Keywords: information technology, sectoral analysis, coincident index
JEL Classification: C2, E32, L6
Date posted: March 14, 2005
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