Coincident Economic Activity Index for Massachusetts
MAPHCI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158.38
Year-over-Year Change
-0.35%
Date Range
1/1/1979 - 6/1/2025
Summary
The Coincident Economic Activity Index for Massachusetts is a measure of the state's overall economic performance, tracking key indicators like employment, income, and production.
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 provides a comprehensive assessment of Massachusetts' economic conditions by aggregating multiple data points into a single composite index. It is used by policymakers and analysts to monitor the state's economic health and inform decision-making.
Methodology
The index is calculated by the Federal Reserve Bank of Boston using proprietary algorithms that combine several state-level economic indicators.
Historical Context
The Coincident Index is a valuable tool for understanding Massachusetts' economic trends and their implications for businesses, consumers, and policymakers.
Key Facts
- The index has a base year of 2007.
- Massachusetts' index reached an all-time high in 2019.
- The index experienced a sharp decline during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Coincident Economic Activity Index for Massachusetts measures the overall economic performance of the state by tracking key indicators like employment, income, and production.
Q: Why is this trend relevant for users or analysts?
A: The Coincident Index provides a comprehensive assessment of Massachusetts' economic conditions, which is crucial for policymakers, businesses, and analysts to monitor the state's economic health and make informed decisions.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve Bank of Boston using proprietary algorithms that combine several state-level economic indicators.
Q: How is this trend used in economic policy?
A: The Coincident Index is a valuable tool for understanding Massachusetts' economic trends and their implications for businesses, consumers, and policymakers, informing decision-making and policy implementation.
Q: Are there update delays or limitations?
A: The Coincident Index is updated regularly, but there may be some delays in data reporting and availability.
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Citation
U.S. Federal Reserve, Coincident Economic Activity Index for Massachusetts (MAPHCI), retrieved from FRED.