BOSTON FED PUBLISHES NEW DATA SERIES THAT GIVES MORE FREQUENT INSIGHTS INTO ECONOMIC GROWTH BY STATE
The following information was released by the
The Weekly State-level Economic Conditions Index tracks conditions in all 50 states
By
The
The resulting index reflects the pace of each states economic growth.
The series is called the Weekly State-level Economic Conditions Index. The index combines high-frequency data such as unemployment claims or applications to start new businesses with low-frequency data, including employment or income statistics.
Each index is normalized meaning its adjusted to a common scale so users can compare states with each other and with national economic conditions. The indexes begin in 1987 and are presented in an interactive chart.
Boston Fed Principal Economist and Policy Advisor
The index joins other continuously updated data resources published by the Boston Fed:
New England Economic Indicators has been published monthly since 1969. It provides current and historical economic data for each of New Englands six states, the region as a whole, and the
A statistical model that breaks down real-time inflation readings into supply and demand components. The data is updated monthly and presented in a downloadable format. The model was introduced in the Current Policy Perspectives brief, Parsing Out the Sources of Inflation.
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