After a trend of decline, coincident and leading economic indicators for Kansas are improving.
The Federal Reserve Bank of Philadelphia calculates two indexes that track and forecast economic activity in the states and the country as a whole. Values are available through May 2019.
The coincident index is a measure of current and past economic activity for each state. The leading index predicts the six-month growth rate of the state’s coincident index. Positive values mean the coincident index is expected to rise in the future six months, while negative values mean it is expected to fall. (For more detail, see Visualization: Economic indicators in the states.)
For Kansas, the coincident index has been on a mostly downhill trend since May 2018. But for April and May of this year, the index has risen.
The leading index shows the same trend: A peak one year ago, then mostly down except rising for the last two months.
A nearby chart shows index values for the last two years for Kansas, some nearby states, and the United States. You can access the visualization and create your own charts here: Visualization: Economic indicators in the states.
