Coincident Economic Activity Index for Nebraska
NEPHCI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
153.46
Year-over-Year Change
2.07%
Date Range
1/1/1979 - 6/1/2025
Summary
The Coincident Economic Activity Index for Nebraska is a comprehensive measure of the state's economic performance. It serves as a valuable indicator for economists and policymakers to assess the overall health and direction of Nebraska's economy.
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 Nebraska is a composite indicator that synthesizes multiple economic variables, including employment, personal income, manufacturing, and trade activity. It provides a holistic view of the state's current economic conditions and is used to analyze trends, identify turning points, and inform policy decisions.
Methodology
The index is calculated by the Federal Reserve Bank of Philadelphia using a dynamic factor model that aggregates several underlying economic indicators.
Historical Context
The Coincident Economic Activity Index for Nebraska is closely monitored by state officials, businesses, and investors to gauge the state's economic performance and make informed decisions.
Key Facts
- The index has a base year of 2007.
- Nebraska's economy is heavily influenced by agriculture, manufacturing, and transportation sectors.
- The index is updated monthly by the Federal Reserve Bank of Philadelphia.
FAQs
Q: What does this economic trend measure?
A: The Coincident Economic Activity Index for Nebraska provides a comprehensive measure of the state's overall economic performance, combining multiple economic indicators such as employment, income, and trade activity.
Q: Why is this trend relevant for users or analysts?
A: The index is a valuable tool for economists, policymakers, and businesses to assess the current state of Nebraska's economy, identify trends, and inform decision-making.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve Bank of Philadelphia using a dynamic factor model that aggregates several underlying economic indicators for the state of Nebraska.
Q: How is this trend used in economic policy?
A: The Coincident Economic Activity Index for Nebraska is closely monitored by state officials and policymakers to gauge the overall health of the state's economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The index is updated monthly by the Federal Reserve Bank of Philadelphia, with minimal delays in data reporting.
Related Trends
Professional and Technical Services Earnings in Nebraska
NEEPRO
Forestry, Fishing, Related Activities, and Other Earnings in Nebraska
NEEFOR
Coefficient for Transportation Carbon Dioxide Emissions, Motor Gasoline for Nebraska
EMISSCO2CMGACBNEA
Housing Inventory: Pending Listing Count Month-Over-Month in Nebraska
PENLISCOUMMNE
Chain-Type Quantity Index for Real GDP: Wholesale Trade (42) in Nebraska
NEWHOLEQGSP
All Employees: Transportation and Warehousing in Nebraska
SMU31000004340008901A
Citation
U.S. Federal Reserve, Coincident Economic Activity Index for Nebraska (NEPHCI), retrieved from FRED.