New Economies

Pathbreaking innovations are transforming the global economy, and emerging technologies are reshaping traditional industries and spawning new ones at a staggering rate. They represent the foundation of the Fourth Industrial Revolution: 21st century sectors. 

Rapid developments in robotics, automation, and artificial intelligence—together with extreme connectedness and the availability of exponential processing power—have laid the foundation for seismic changes across all facets of our lives. The democratization of infrastructure, whether banking, computing resources, or even power generation, has lowered the barrier to entry across many industries, acting both as a catalyst for innovation and a disruptive force to incumbents.

The S&P Kensho New Economy Indices dynamically capture the companies that are propelling the Fourth Industrial Revolution. The family distinguishes itself by taking a comprehensive and objective view across the many industries that are driving economic growth now, and will be in the future.

Standard industry classification schemes aren’t explicitly geared toward capturing the drivers of future economic growth, particularly the interconnectedness and fluidity that are the hallmarks of the new economy. In contrast, the S&P Kensho New Economy Indices not only identify the leading companies in each industry, they also capture the entire ecosystems supporting them, which is essential for fully understanding where the economic impact and benefits lie.

The family includes sector and subsector indices that can be used individually or as building blocks.

For more information about the S&P Kensho New Economy Indices, including data, factsheets and methodologies, visit the index family page.