Diffusion Indexes, 1-Month Span: Total Nonfarm

SMS00000000000000021 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

52.90

Year-over-Year Change

1.73%

Date Range

1/1/1991 - 6/1/2025

Summary

The Diffusion Index tracks employment momentum across multiple sectors. It provides a comprehensive view of labor market expansion or contraction.

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

This index measures the percentage of industries experiencing employment growth over a one-month period. It helps economists assess broader economic health.

Methodology

Calculated by surveying employment changes across various industry sectors nationwide.

Historical Context

Used by policymakers to understand labor market dynamics and economic trends.

Key Facts

  • Indicates percentage of industries with job growth
  • Provides early signal of economic momentum
  • Covers multiple economic sectors comprehensively

FAQs

Q: What does a diffusion index measure?

A: It tracks the percentage of industries experiencing employment changes. Higher values indicate broader economic expansion.

Q: How is the diffusion index calculated?

A: By surveying employment changes across different industry sectors and calculating the percentage showing growth.

Q: Why is the diffusion index important?

A: It provides a comprehensive view of labor market health beyond individual sector performance.

Q: How often is the diffusion index updated?

A: Typically updated monthly with the latest employment survey data.

Q: Can the diffusion index predict economic trends?

A: It serves as an early indicator of potential economic expansion or contraction across industries.

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Citation

U.S. Federal Reserve, Diffusion Indexes, 1-Month Span: Total Nonfarm (SMS00000000000000021), retrieved from FRED.