Journal Article

The effectiveness of the state coincident indexes

Abstract: The Federal Reserve Bank of Philadelphia has produced state coincident indexes since 2005. These indexes are monthly indicators of economic activity for each of the 50 U.S. states, based on a composite of four widely available data series on state conditions: total nonfarm payroll employment, the unemployment rate, average hours worked in manufacturing, and real wages and salary disbursements.

Keywords: State coincident index; Economic output;

Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Research Rap Special Report

Publication Date: 2013

Issue: Jan

Order Number: 1