September Coincident Indexes


Person Holding Blue and Clear Ballpoint PenImage Source: Pexels
Three month growth rate 2.7% and, 3 month diffusion index at 48. Figure 1: 3 month annualized growth rate in the Coincident Index for the US (blue, left scale), 3 month growth rate diffusion index (tan, right scale). NBER defined peak-to-trough recession dates shaded gray. Source: Federal Reserve Bank of Philadelphia, NBER, and author’s calculations.
Here’s an annotated map of the US. Red outlines are for battleground states.Source: Federal Reserve Bank of Philadelphia (Sept).More By This Author:If The Official Inflation Rate Is Correct, The Real Policy Rate In Russia Is Now 12.4% The Leading Economic Index, The Term Spread, And Historical CorrelationsFederal Interest Payments: To The Public Vs. To the Rest-Of-Federal Government

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