Philly Fed: State Coincident Indexes increased in 39 states in November

From the Philly Fed : The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for November 2019. Over the past three months, the indexes increased in 42 states, decreased in five states, and remained stable in three, for a three-month diffusion index of 74. In the past month, the indexes increased in 39 states, decreased in nine states, and remained stable in two , for a one-month diffusion index of 60 emphasis added Note: These are coincident indexes constructed from state employment data. An explanation from the Philly Fed: The coincident indexes......(read more)

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