Coincident Economic Activity Index for Indiana
INPHCI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.44
Year-over-Year Change
3.03%
Date Range
1/1/1979 - 6/1/2025
Summary
The Coincident Economic Activity Index for Indiana measures the overall economic condition of the state. It is a valuable indicator for policymakers and analysts to assess Indiana's economic performance.
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 Indiana is a composite index that combines several economic indicators, including employment, manufacturing, and consumer spending, to provide a comprehensive view of the state's economic activity. It is used to track the business cycle and identify turning points in Indiana's economy.
Methodology
The index is calculated by the Federal Reserve Bank of Philadelphia using a dynamic factor model approach.
Historical Context
The Coincident Economic Activity Index for Indiana is closely monitored by policymakers, businesses, and investors to inform decision-making and economic forecasting.
Key Facts
- The index has a base year of 2007 = 100.
- Indiana's index reached a recent high in 2019 before declining during the COVID-19 pandemic.
- The index is released monthly by the Federal Reserve Bank of Philadelphia.
FAQs
Q: What does this economic trend measure?
A: The Coincident Economic Activity Index for Indiana measures the overall economic condition of the state by combining several key economic indicators, including employment, manufacturing, and consumer spending.
Q: Why is this trend relevant for users or analysts?
A: The index is a valuable tool for policymakers, businesses, and investors to assess the current state of Indiana's economy and identify turning points in the business cycle.
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 approach that combines several economic indicators.
Q: How is this trend used in economic policy?
A: The Coincident Economic Activity Index for Indiana is closely monitored by policymakers and analysts to inform decision-making and economic forecasting for the state.
Q: Are there update delays or limitations?
A: The index is released monthly, with a typical delay of several weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Coincident Economic Activity Index for Indiana (INPHCI), retrieved from FRED.