7 Pages Posted: 14 Mar 2005
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: 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
By Jason Bram