Philly Fed: State Coincident Indexes increased in 40 states in August

From the Philly Fed : The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for August 2019. Over the past three months, the indexes increased in 46 states and decreased in four, for a three-month diffusion index of 84. In the past month, the indexes increased in 40 states, decreased in six states, and remained stable in four , for a one-month diffusion index of 68. emphasis added Note: These are coincident indexes constructed from state employment data. An explanation from the Philly Fed: The coincident indexes combine four state-level indicators to......(read more)

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