>

Philly Fed USA Coincident Index Continues to Show Growth in October 2012

November 27th, 2012
in econ_news, syndication

A review of all major coincident indicators follows.

Follow up:

Economic indicators that coincide with economic movements are coincident indicators. Coincident indicators by definition do not provide a forward economic view.

Excerpt from Philly Fed Report

The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for October 2012. In the past month, the indexes increased in 41 states, decreased in four states, and remained stable in five states, for a one-month diffusion index of 74. Over the past three months, the indexes increased in 39 states, decreased in six states, and remained stable in five states, for a three-month diffusion index of 66. For comparison purposes, the Philadelphia Fed has also developed a similar coincident index for the entire United States. The Philadelphia Fed’s U.S. index rose 0.2 percent in October and 0.6 percent over the past three months..



For Comparison - Conference Board's Coincident Index (red line):

 

/images/z conference.png

For Comparison - ECRI's USCI (U.S. Coincident Index)

 

/images/z ecri_coin.png

For Comparison - Chicago Fed National Activity Index (CFNAI)









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















Proud contributor to:


Finance Blogs
blog

Econintersect Website Search:

Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2014 Econintersect LLC - all rights reserved