Federal Reserve Economic Data

Coincident Economic Activity Index for the United States (USPHCI)

Observations

Nov 2025: 148.70
Updated: Jan 9, 2026 9:08 AM CST
Next Release Date: Not Available
Nov 2025:  148.70  
Oct 2025:  148.52  
Sep 2025:  148.26  
Aug 2025:  148.06  
Jul 2025:  147.89  
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Units:

Index 2007=100,
Seasonally Adjusted

Frequency:

Monthly

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Notes

Source: Federal Reserve Bank of Philadelphia  

Release: State Coincident Indexes  

Units:  Index 2007=100, Seasonally Adjusted

Frequency:  Monthly

Notes:

The Coincident Economic Activity Index includes four indicators: nonfarm payroll employment, the unemployment rate, average hours worked in manufacturing and wages and salaries. The trend for each state's index is set to match the trend for gross state product.

Suggested Citation:

Federal Reserve Bank of Philadelphia, Coincident Economic Activity Index for the United States [USPHCI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/USPHCI, .

Release Tables

State Coincident Indexes

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Tags

Coincident Economic Activity Philadelphia Fed Indexes Seasonally Adjusted Copyrighted: Citation Required Monthly Nation United States of America

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