26 June 2021 New York Fed Weekly Economic Index (WEI): Index Declined econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.
12 June 2021 New York Fed Weekly Economic Index (WEI): Index Has Tiny Gain econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.
Written by Steven HansenThe New York Fed s Weekly Leading Index (WLI) declined this past week. This index s trend is improving based on the 13-week rolling average.
The New York Fed s Weekly Leading Index (WLI) declined this past week. This index s trend is improving based on the 13-week rolling average.
Analyst Opinion of the Weekly Leading Index
This data set should be considered a high-frequency coincident indicator on a par with the Aruoba-Diebold-Scotti Business Conditions Index produced by the Philly Fed - and both show conditions caused by the coronavirus pandemic are already worse than the Great Recession. However, the Aruoba-Diebold-Scotti Business Conditions Index is improving whilst the WLI is still declining. Logic would say with the partial reopening of the economy - the Aruoba-Diebold-Scotti Business Conditions Index seems to be correct.
15 May 2021 New York Fed Weekly Economic Index (WEI): Index Improved econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.