Technology Economists

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Dow Jones Industrial Average 42,840
1.18%
Standard & Poors 5,931
1.09%
Technology Leader Stock Index 1,954
0.02%

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Use TLI’s comprehensive metrics to measure and predict the impact of technology and digitization on global business developments, societal advancements, and economic conditions.

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Technology Economy Indicators

Industrial Economy Indicators

Data as of February 2024

Updated:
Annually
Monthly
Daily
Hourly
Technology Economy Metrics
Industrial Economy Metrics
Worldwide total IT spending (including vendors, services, and all in-house costs), as extrapolated from sample data provided by organizations accounting for 17% of global IT spending.
World IT GDP 2024 Projection
?

$8,610,000,000,000

-3.60%
×
World Population

8,100,000,000.00

0.47%
×
IT GDP projection based on the current world population.
World IT GDP per Capita
?

1,063.00

×
IT Inflation

4.80%

×
US total IT spending extrapolated for the US GDP.
US IT GDP
?

$2,189,400,000,000

-2.10%
×
US Population

334,900,000.00

0.38%
×
US IT GDP, as based on the current US population.
US IT GDP per Capita
?

$6,537

×
Technical data extrapolated from US total IT spending over the past five years.
US Technical Debt 2024
?

503,561,999,999.00

×
US technical debt divided by the total hours in a calendar year.
US Technical Debt Hourly
?

$57,484,247

×
US National Debt 2024

$54,999,999,999,998

×
Computed using IT Intensity formula patented by Dr. Howard Rubin which considers IT spending as a percent of revenue and operating expense for revenue generating organizations
IT Intensity 2024
?

0.48

×
Cost of NIST defined cybersecurity activities as a % of US IT GDP
CyberSecurity Spending as % IT GDP
?

5.50%

×
CyberSecurity $ Amount

$473,550,000,000

×
GDP 2024 Projection

$105,000,000,000,000

2.60%
×
World Population

8,100,000,000.00

0.47%
×
World GDP per Capita

12,961.00

2.19%
×
US Inflation

3.40%

×
US GDP Projection

$26,700,000,000,000

1.50%
×
US Population

334,900,000.00

0.38%
×
US GDP per Capita

79,725.00

1.14%
×
World Technical Debt 2024

$1,894,200,000,000

×
World Technical Debt Hourly

$216,232,877

×

×

×

×

×
Technology Economy Metrics
Industrial Economy Metrics
Technology job opening count as posted by US Bureau of Labor Statistics (BLS)
IT Job Openings
?

101,000.00

-31%
×
US Average IT salary across jobs as defined by US BLS.
Average IT Salary
?

$111,358

2.3%
×
Infrastructure Labor Productivity Index

106.00

4.0%
×
US Job Openings

87,000,000.00

-6.5%
×
Average US Salary

$61,048

0.20%
×
US Productivity

4.70%

131%
×
Technology Economy Metrics
Industrial Economy Metrics
Propriety Rubin Systems Index of costs for basic consumer technology, including internet, cable, and media subscriptions, as well as commodities such as TVs – (index base is 100 set to the year 2020)
Consumer Technology Price Index
?

103.60

2.1%
×
Price Index for hardware and software tied to US Consumer Price Index
Company Consumer Price Index
?

107.10

3.80%
×
Propriety Rubin Systems Index of unit costs for all common infrastructure compute, storage, end user, and network platforms – (index base is 100 set to the year 2020)
Infrastructure Cost Index
?

78.00

-8.0%
×
Conference Board five-question model applied to consumer respondent sample regarding technology
Consumer Technology Confidence Index
?

96.30

-4.1%
×
Company Technology Confidence Index

95.20

-4.3%
×
Consumer Price Index

307.50

3.20%
×

×

×
Consumer Confidence Index

110.70

10.00%
×

×
Technology Economy Metrics
Industrial Economy Metrics

×
Carbon Footprint (BIILIONS OF TONS)

37.55

1.08%
×

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