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Observation:

May 2016: -22.7  
Updated: Jun 29, 2016

Units:

Percent Change,
Seasonally Adjusted

Frequency:

Monthly
1Y | 5Y | 10Y | Max
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(a) Leading Index for Alabama, Percent, Seasonally Adjusted (ALSLIND)
The leading index for each state predicts the six-month growth rate of the state's coincident index. In addition to the coincident index, the models include other variables that lead the economy: state-level housing permits (1 to 4 units), state initial unemployment insurance claims, delivery times from the Institute for Supply Management (ISM) manufacturing survey, and the interest rate spread between the 10-year Treasury bond and the 3-month Treasury bill.

Leading Index for Alabama

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NOTES

Source: Federal Reserve Bank of Philadelphia  

Release: State Leading Indexes  

Notes:

The leading index for each state predicts the six-month growth rate of the state's coincident index. In addition to the coincident index, the models include other variables that lead the economy: state-level housing permits (1 to 4 units), state initial unemployment insurance claims, delivery times from the Institute for Supply Management (ISM) manufacturing survey, and the interest rate spread between the 10-year Treasury bond and the 3-month Treasury bill.

Suggested Citation:

Federal Reserve Bank of Philadelphia, Leading Index for Alabama [ALSLIND], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/ALSLIND, July 24, 2016.

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