Philly Fed: State Coincident Indexes Decreased in All States in April

From the Philly Fed : The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for April 2020. Over the past three months, the indexes decreased in all 50 states, for a three-month diffusion index of -100 . Additionally, in the past month, the indexes decreased in all 50 states, for a one-month diffusion index of -100. 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 fell 13.7 percent over the past three months and 12.0 percent in April. emphasis......(read more)

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