Journal Article

Taking the pulse of the tech sector: a coincident index of high-tech activity


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: Economic indicators; Technology; High technology industries; Index numbers (Economics);

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Provider: Federal Reserve Bank of New York

Part of Series: Current Issues in Economics and Finance

Publication Date: 2003

Volume: 9

Issue: Oct

Order Number: 10