Current Employment; Diffusion Index for FRB - New York District
EMCDINA066MNFRBNY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.80
Year-over-Year Change
-69.35%
Date Range
9/1/2004 - 7/1/2025
Summary
The Current Employment; Diffusion Index for FRB - New York District tracks the breadth of employment change across industries in the New York Federal Reserve District. It's an important measure of regional economic conditions.
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 diffusion index captures the percentage of industries reporting increased employment compared to the previous month. It provides insight into the strength and breadth of job growth, complementing measures like the unemployment rate.
Methodology
The index is calculated from monthly survey data on employment changes across various sectors in the New York Fed's region.
Historical Context
The diffusion index helps policymakers and analysts assess the regional economic outlook and labor market dynamics.
Key Facts
- The index ranges from 0 to 100, with 50 indicating an equal split between increasing and decreasing employment.
- Values above 50 signal net job growth, while below 50 indicates net job losses.
- The index is released monthly, providing timely insight into regional labor market trends.
FAQs
Q: What does this economic trend measure?
A: The Current Employment; Diffusion Index for FRB - New York District measures the breadth of employment changes across industries in the New York Federal Reserve District.
Q: Why is this trend relevant for users or analysts?
A: The diffusion index provides insight into the strength and breadth of regional job growth, complementing other labor market indicators and helping policymakers and analysts assess the economic outlook.
Q: How is this data collected or calculated?
A: The index is calculated from monthly survey data on employment changes across various sectors in the New York Fed's region.
Q: How is this trend used in economic policy?
A: The diffusion index helps policymakers and analysts assess regional economic conditions and labor market dynamics, informing policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly, providing timely insight into regional labor market trends.
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Citation
U.S. Federal Reserve, Current Employment; Diffusion Index for FRB - New York District (EMCDINA066MNFRBNY), retrieved from FRED.