Coincident Economic Activity Index for Washington
WAPHCI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
169.15
Year-over-Year Change
2.66%
Date Range
4/1/1979 - 6/1/2025
Summary
The Coincident Economic Activity Index for Washington measures the overall economic performance of the state. It is a key indicator used by economists and policymakers to assess the state's economic health and business cycle.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Coincident Economic Activity Index for Washington is a composite indicator that aggregates several state-level economic variables, including employment, personal income, and industrial production. It provides a broad-based, real-time assessment of the Washington economy.
Methodology
The index is calculated by the Federal Reserve Bank of Philadelphia using a dynamic single-factor model approach.
Historical Context
The Washington Coincident Index is used to monitor economic conditions and inform policy decisions at the state level.
Key Facts
- The index has a base year of 2012 = 100.
- Washington's index reached a record high in 2022.
- The index is released monthly by the Federal Reserve Bank of Philadelphia.
FAQs
Q: What does this economic trend measure?
A: The Coincident Economic Activity Index for Washington measures the overall performance of the state's economy, aggregating several key economic indicators.
Q: Why is this trend relevant for users or analysts?
A: The Washington Coincident Index provides a comprehensive, real-time assessment of the state's economic conditions, which is crucial for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve Bank of Philadelphia using a dynamic single-factor model approach.
Q: How is this trend used in economic policy?
A: The Washington Coincident Index is used by state-level policymakers and economists to monitor economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly, with a typical lag of about one month from the reference period.
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Citation
U.S. Federal Reserve, Coincident Economic Activity Index for Washington (WAPHCI), retrieved from FRED.