Constructing a price index that properly accounts for the seasonality in software purchases is important for accurately measuring real personal consumption expenditures on prepackaged software
Employment growth in prepackaged software
slowed from an annual rate of 12 percent in the 12 months ending September 2000 to 5 percent in the 12 months ending September 2001.
The price index is based on a weighted average of the own-account software price index and the PPI for prepackaged software
applications sold separately (nonsuite).(31) The use of the index for nonsuite applications more appropriately reflects the type of existing programs or program modules that are often incorporated into custom software.
usually won't complete project objectives, but it often can be used to provide specific solutions in a short time that serve as a training and demonstration platform and, most importantly, build momentum for full-scale implementation.
The service industries currently in the development pipeline (and the expected years of introduction) are: property and casualty insurance (1998), prepackaged software
(1998), life insurance (1998), food stores (1999), security brokers and dealers (1999), and miscellaneous retail stores (1999).
According to the Indiana Department of Employment and Training Services, the number of Indiana companies involved in computer programming, prepackaged software
development or computer-integrated design grew from 197 in early 1986 to 338 at the end of last year.
SIC categories 7371 and 7372 denote computer programming services and prepackaged software
For 1987 and 1992, the estimates of business and government purchases of prepackaged software
and custom software are based on estimates from the benchmark input-output (1-0) accounts.
Increased sales of PC's to the home market have stimulated employment growth in supporting industries, including wholesaling and retailing of the PC, prepackaged software
, and information retrieval services (which include on-line services).(2) Employment in home PC-related industries grew by an average of 2.7 percent between 1988 and 1994 and then grew by almost 10 percent in 1995 alone.(3) (See table 1.) A total of 58,000 jobs were added in 1995, which compares favorably with many other high-profile service sector industries.
* Objects provide an organizational paradigm for decomposing large applications into cooperating objects as well as a reuse paradigm for composing applications from prepackaged software
could surge 13 percent to $24.5 billion, while computer communications equipment manufacturers will spend $9.3 billion, a jump of 18.6 percent.
was seen surging 15 percent to $25.9 billion, a record high.