The Tech Pulse Index: recent trends in tech-sector activity

This Economic Letter introduces the new Tech Pulse Index, a measure that tracks economic activity in the U.S. information technology (IT) sector. The index first appeared under the sponsorship of the Federal Reserve Bank of New York; due to substantial revisions of the econometric model and source data used in the current version, it is not directly comparable to versions released by the New York Fed before August 2008. Starting January 14, 2009, the index will be published every second Wednesday of the month by the San Francisco Fed's CSIP (Center for the Study of Innovation and Productivity). Detailed information about the index's construction, scheduled release dates, and the current as well as historical releases can be found on CSIP's website http://www.frbsf.org/csip/pulse.php.