Leading Index for Pennsylvania
PASLIND • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.90
Year-over-Year Change
25.00%
Date Range
1/1/1982 - 2/1/2020
Summary
The Leading Index for Pennsylvania is a composite indicator that tracks the state's economic conditions and forecasts future economic activity in the Commonwealth.
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 Pennsylvania is a monthly economic indicator that aggregates several data points to provide an overall assessment of the state's economic health. It is used by policymakers and analysts to anticipate future economic trends and guide policy decisions.
Methodology
The index is calculated by the Federal Reserve Bank of Philadelphia using a proprietary methodology.
Historical Context
The Leading Index for Pennsylvania is an important tool for monitoring the state's economy and informing policy decisions.
Key Facts
- The index was first published in 1978.
- It is released on a monthly basis.
- The index includes data on housing permits, unemployment claims, and other economic factors.
FAQs
Q: What does the Leading Index for Pennsylvania measure?
A: The Leading Index for Pennsylvania is a composite indicator that tracks the state's economic conditions and forecasts future economic activity in the Commonwealth.
Q: Why is the Leading Index for Pennsylvania relevant for users or analysts?
A: The Leading Index for Pennsylvania is an important tool for monitoring the state's economy and informing policy decisions.
Q: How is the data for the Leading Index for Pennsylvania collected or calculated?
A: The index is calculated by the Federal Reserve Bank of Philadelphia using a proprietary methodology.
Q: How is the Leading Index for Pennsylvania used in economic policy?
A: The Leading Index for Pennsylvania is used by policymakers and analysts to anticipate future economic trends and guide policy decisions.
Q: Are there any update delays or limitations for the Leading Index for Pennsylvania?
A: The Leading Index for Pennsylvania is released on a monthly basis, providing timely data on the state's economic conditions.
Related Trends
State Government Tax Collections, Alcoholic Beverages - Selective Sales Taxes in Pennsylvania
PAALCOTAX
Gross Domestic Product: Pipeline Transportation (486) in Pennsylvania
PAPIPETRANNGSP
Real Gross Domestic Product: Legal Services (5411) in Pennsylvania
PALEGALRGSP
State Government Tax Collections, Total Selective Sales Taxes in Pennsylvania
PATLSLTAX
State Tax Collections: T19 Other Selective Sales and Gross Receipts Taxes for Pennsylvania
QTAXT19QTAXCAT3PANO
Real Gross Domestic Product: Rental and Leasing Services and Lessors of Nonfinancial Intangible Assets (532-533) in Pennsylvania
PARENTRGSP
Citation
U.S. Federal Reserve, Leading Index for Pennsylvania (PASLIND), retrieved from FRED.