Coincident Economic Activity Index for Michigan (MIPHCI)

Observations

Mar 2026: 129.83
Updated: May 8, 2026 9:10 AM CDT
Next Release Date: May 29, 2026
Mar 2026:  129.83  
Feb 2026:  129.67  
Jan 2026:  129.58  
Dec 2025:  129.53  
Nov 2025:  129.41  
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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 Michigan [MIPHCI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MIPHCI, .

Release Tables

State Coincident Indexes

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Tags

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

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