Philly Fed: State Coincident Indexes increased in 33 states in October

From the Philly Fed : The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for October 2019. Over the past three months, the indexes increased in 42 states, decreased in seven states, and remained stable in one, for a three month diffusion index of 70. In the past month, the indexes increased in 33 states, decreased in 10 states, and remained stable in seven, for a one-month diffusion index of 46. emphasis added Note: These are coincident indexes constructed from state employment data. An explanation from the Philly Fed: The coincident indexes combine ......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/34akegw
via IFTTT