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Taking the Pulse of the Tech Sector: A Coincident Index of High-Tech Activity

7 Pages Posted: 14 Mar 2005  

Bart Hobijn

ASU

Kevin J. Stiroh

Federal Reserve Bank of New York

Alexis Antoniades

Columbia University

Abstract

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.

Keywords: information technology, sectoral analysis, coincident index

JEL Classification: C2, E32, L6

Suggested Citation

Hobijn, Bart and Stiroh, Kevin J. and Antoniades, Alexis, Taking the Pulse of the Tech Sector: A Coincident Index of High-Tech Activity. Current Issues in Economics and Finance, Vol. 9, No. 10, October 2003. Available at SSRN: https://ssrn.com/abstract=683276

Bart Hobijn (Contact Author)

ASU ( email )

501 E. Orange Street
Tempe, AZ 85287-9801
United States
(480)-965-0215 (Phone)

HOME PAGE: http://www.barthobijn.net

Kevin J. Stiroh

Federal Reserve Bank of New York ( email )

33 Liberty Street
New York, NY 10045
United States
(212) 720-6633 (Phone)
(212) 720-8363 (Fax)

Alexis Antoniades

Columbia University ( email )

3022 Broadway
New York, NY 10027
United States

HOME PAGE: www.columbia.edu/~aa2182

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