Source: Federal Reserve Bank of Philadelphia  

Release: State Leading Indexes  

Units:  Percent, Seasonally Adjusted

Frequency:  Monthly

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.

Source: Federal Reserve Bank of Philadelphia  

Release: State Coincident Indexes  

Units:  Index 2007=100, Seasonally Adjusted

Frequency:  Monthly

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.

Source: Federal Reserve Bank of St. Louis  

Release: St. Louis Fed Economic News Index  

Units:  Percent Change at Annual Rate, Seasonally Adjusted Annual Rate

Frequency:  Quarterly

St. Louis Fed’s Economic News Index (ENI) uses economic content from key monthly economic data releases to forecast the growth of real GDP during that quarter. In general, the most-current observation is revised multiple times throughout the quarter. The final forecasted value (before the BEA’s release of the advance estimate of GDP) is the static, historical value for that quarter. For more information, see Grover, Sean P.; Kliesen, Kevin L.; and McCracken, Michael W.: A Macroeconomic News Index for Constructing Nowcasts of U.S. Real Gross Domestic Product Growth.