Leading Index for Delaware
DESLIND • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.91
Year-over-Year Change
69.03%
Date Range
1/1/1982 - 2/1/2020
Summary
The Leading Index for Delaware is a composite index that tracks leading economic indicators in the state. It is used by economists and policymakers to forecast future economic conditions and assess the state's business cycle.
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 Delaware is a predictive measure of the state's overall economic activity. It is constructed from several forward-looking components, including housing permits, unemployment insurance claims, and the Philadelphia Fed's state-level leading index.
Methodology
The index is calculated monthly by the Federal Reserve Bank of Philadelphia.
Historical Context
The Leading Index for Delaware helps inform state-level economic policy and business decision-making.
Key Facts
- The index was first published in 1979.
- It has a base year of 2012 = 100.
- The index is released on the last business day of each month.
FAQs
Q: What does this economic trend measure?
A: The Leading Index for Delaware measures a composite of forward-looking economic indicators to provide an early signal of the state's future economic activity.
Q: Why is this trend relevant for users or analysts?
A: The Leading Index for Delaware is an important tool for economists, policymakers, and businesses to gauge the state's economic outlook and plan accordingly.
Q: How is this data collected or calculated?
A: The index is calculated monthly by the Federal Reserve Bank of Philadelphia based on several component indicators.
Q: How is this trend used in economic policy?
A: The Leading Index for Delaware helps inform state-level economic policy decisions and business strategies by providing a reliable leading indicator of future economic conditions.
Q: Are there update delays or limitations?
A: The index is released on the last business day of each month, so there is a short delay in the data. The components may also be subject to revisions over time.
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Citation
U.S. Federal Reserve, Leading Index for Delaware (DESLIND), retrieved from FRED.