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Calculated Risk

Calculated Risk
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Calculated Risk

Calculated Risk
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Calculated Risk

Calculated Risk
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Calculated Risk: Philly Fed: State Coincident Indexes Increased in 49 States in March

The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for March 2021. Over the
past three months, the indexes increased in 49 states and decreased in one state, for a three-month diffusion index of 96.
Additionally, in the past month,
the indexes increased in 49 states and decreased in one state, for a one-month diffusion
index of 96. 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 increased 1.6 percent over the past three months and 0.6 percent in March.
.
emphasis added
Note: These are coincident indexes constructed from state employment data. An explanation from the Philly Fed: ....

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