×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

BtoB

Federal report shows Internet economic boost

Published on .

Washington--A new report issued by the U.S. Department of Commerce, "The Emerging Digital Economy II," offers insight into the impact that the Internet and other information technology has had on the economy. Between 1995 and 1998, IT producers accounted for about 8% of the U.S. gross domestic product, according to the report. Over the same period, IT contributed to 35% of the nation's economic growth. The report also credits falling prices in the high-tech world for keeping inflation under control in a period of "historically low unemployment." The full report can be viewed at www.ecommerce.gov.
Most Popular
In this article: