FRED Graph

NOTES

Economic Conditions Index for Little Rock-North Little Rock-Conway, AR (MSA) (DISCONTINUED) (LRSAGRIDX)

Source: Federal Reserve Bank of St. Louis

Release: Metro Area Economic Conditions Indexes

Units: Percent, Seasonally Adjusted Annual Rate

Frequency: Monthly

The economic activity index measures average economic growth in the metropolitan area. It is computed using a dynamic factor model that includes 12 variables measuring various aspects of economic activity in the MSA. The index is calibrated to Gross Metropolitan Product (GMP) growth and variance to allow for comparison across metro areas.

For additional details, see Arias, M.A., C.S. Gascon and D.E. Rapach (2016), “Metro Business Cycles,” Journal of Urban Economics 94, 90-108, http://www.sciencedirect.com/science/article/pii/S009411901630016X.
Federal Reserve Bank of St. Louis Working Paper 2014-046C, https://research.stlouisfed.org/wp/more/2014-046.

Suggested Citation:

Federal Reserve Bank of St. Louis, Economic Conditions Index for Little Rock-North Little Rock-Conway, AR (MSA) (DISCONTINUED) [LRSAGRIDX], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/LRSAGRIDX, May 10, 2024.

Real Gross Domestic Product (GDPC1)

Source: U.S. Bureau of Economic Analysis

Release: Gross Domestic Product

Units: Billions of Chained 2017 Dollars, Seasonally Adjusted Annual Rate

Frequency: Quarterly

BEA Account Code: A191RX

Real gross domestic product is the inflation adjusted value of the goods and services produced by labor and property located in the United States.For more information see the Guide to the National Income and Product Accounts of the United States (NIPA). For more information, please visit the Bureau of Economic Analysis.

Suggested Citation:

U.S. Bureau of Economic Analysis, Real Gross Domestic Product [GDPC1], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDPC1, May 10, 2024.