Leading Index for Missouri
MOSLIND • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.14
Year-over-Year Change
50.00%
Date Range
1/1/1982 - 2/1/2020
Summary
The Leading Index for Missouri is a composite index that tracks leading economic indicators in the state. It is used by economists and policymakers to anticipate future economic conditions and inform policy decisions.
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 Leading Index for Missouri was developed by the Federal Reserve Bank of St. Louis to provide an early signal of the direction of economic activity in the state. It combines several leading economic indicators to create a single index that reflects the overall health of the Missouri economy.
Methodology
The index is calculated based on a weighted average of several economic variables, including housing permits, unemployment claims, and manufacturing hours.
Historical Context
The Leading Index for Missouri is used by analysts and policymakers to monitor the state's economic performance and guide decisions on issues such as fiscal policy, economic development, and employment programs.
Key Facts
- The Leading Index for Missouri was first published in 1995.
- It combines 7 economic indicators to create a single composite index.
- The index has a base year of 2012 = 100.
FAQs
Q: What does this economic trend measure?
A: The Leading Index for Missouri measures the overall direction of economic activity in the state by tracking several leading economic indicators.
Q: Why is this trend relevant for users or analysts?
A: The Leading Index for Missouri provides an early signal of future economic conditions in the state, which is valuable for policymakers, businesses, and investors in making informed decisions.
Q: How is this data collected or calculated?
A: The index is calculated based on a weighted average of several economic variables, including housing permits, unemployment claims, and manufacturing hours.
Q: How is this trend used in economic policy?
A: The Leading Index for Missouri is used by analysts and policymakers to monitor the state's economic performance and guide decisions on issues such as fiscal policy, economic development, and employment programs.
Q: Are there update delays or limitations?
A: The Leading Index for Missouri is updated monthly, with a short lag time between the end of the reference period and the release of the data.
Related Trends
Regional Price Parities: Services: Other for Missouri
MORPPSERVEOTH
Gross Domestic Product: Military in Missouri
MOGOVFEDMILNGSP
Housing Inventory: Price Increased Count Year-Over-Year in Missouri
PRIINCCOUYYMO
Average Weekly Earnings of Production Employees: Wholesale Trade in Missouri
SMU29000004100000030A
Estimated Percent of People of All Ages in Poverty for Missouri
PPAAMO29000A156NCEN
Gross Domestic Product: Administrative and Support and Waste Management and Remediation Services (56) in Missouri
MOADMINWASTNQGSP
Citation
U.S. Federal Reserve, Leading Index for Missouri (MOSLIND), retrieved from FRED.