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Updated: Economic indicators in the states

Economic indicators in the states, an interactive visualization.

The Federal Reserve Bank of Philadelphia calculates two indexes that track and forecast economic activity in the states and the country as a whole.

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.)

In the coincident index, the effects of the response to the pandemic are evident. Before the pandemic, the coincident index for Kansas was growing at about the same rate as the nation.

The coincident index is available through July 2020, while the leading index is available through February. I was not able to learn why the leading index has not been updated.

A nearby chart shows index values for the last five 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.

Example from the visualization. Click for larger.
Example from the visualization, ending before the pandemic. Click for larger.
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