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Finance and Economics Discussion Series: Data for paper 2013-36

Is the Information Technology Revolution Over?

David M. Byrne, Stephen D. Oliner, and Daniel E. Sichel

Figure 1 Current-dollar Output Shares for IT Industries

Date 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Software (μSW) 0.461 0.525 0.505 0.473 0.475 0.549 0.610 0.655 0.748 0.811 0.896 0.974 1.002 1.056 1.157 1.321 1.427 1.572 1.602 1.684 1.679 1.746 1.884 2.170 2.377 2.731 2.989 2.907 2.754 2.764 2.840 2.871 2.926 3.069 3.209 3.320 3.316 3.338 3.350
Computers Communication Equipment and Semiconductors 1.750 1.524 1.584 1.720 1.813 2.037 2.276 2.323 2.490 2.550 2.797 2.704 2.486 2.583 2.628 2.502 2.382 2.356 2.397 2.435 2.683 3.210 3.360 3.685 3.450 3.589 3.719 2.875 2.224 2.094 2.032 1.867 1.806 1.652 1.501 1.249 1.214 1.145 1.010

Figure 2. Price Indexes for Microprocessors (MPUs)

Date Bureau of Labor Statistics Producer Price Index Microprocessors Percent Change Federal Reserve Matched-Model Price Index Percent Change
1992 ND -23.1
1993 ND -25.4
1994 ND -33.3
1995 ND -56.4
1996 ND -60.5
1997 ND -53.5
1998 -65.8 -69.5
1999 -60.1 -65.3
2000 -66.0 -68.4
2001 -55.8 -64.9
2002 -45.1 -48.5
2003 -47.7 -46.5
2004 -40.3 -28.6
2005 -22.5 -15.3
2006 -28.6 -28.8
2007 -36.7 -33.7
2008 -25.8 -40.9
2009 -15.8 -32.9
2010 -9.9 -46.4
2011 -6.4 -25.5
2012 -2.7 -23.8
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