Diffusion Indexes, 6-Month Span: Total Nonfarm
SMS00000000000000023 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.40
Year-over-Year Change
-14.56%
Date Range
1/1/1991 - 6/1/2025
Summary
Measures employment dispersion across different economic sectors. Provides insight into broader economic expansion or contraction trends.
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
Diffusion indexes track employment changes across multiple industries. Indicates overall economic momentum and sectoral employment dynamics.
Methodology
Calculated by tracking employment changes across various industry sectors.
Historical Context
Important indicator for economists and policymakers assessing economic health.
Key Facts
- Tracks employment changes across multiple sectors
- Indicates broader economic expansion trends
- Helps predict economic momentum
FAQs
Q: What is a diffusion index?
A: Statistical measure showing employment changes across different economic sectors. Indicates overall economic direction.
Q: How is the diffusion index calculated?
A: Measures percentage of industries experiencing employment growth versus decline.
Q: Why do economists use diffusion indexes?
A: Provides comprehensive view of economic health beyond individual sector performance.
Q: What does a high diffusion index mean?
A: Suggests widespread employment growth across multiple economic sectors.
Q: How frequently is this index updated?
A: Typically updated monthly with the latest employment data.
Similar SMS Trends
Women Employees, Total Nonfarm
CES0000000010
Diffusion Indexes, 1-Month Span: Total Nonfarm
SMS00000000000000021
Diffusion Indexes, 12-Month Span: Total Nonfarm
SMS00000000000000024
Diffusion Indexes, 3-Month Span: Total Nonfarm
SMS00000000000000022
Diffusion Indexes, 6-Month Span: Total Nonfarm in All Metropolitan Statistical Areas
SMS99999990000000023
All Employees, Total Nonfarm
PAYEMS
Citation
U.S. Federal Reserve, Diffusion Indexes, 6-Month Span: Total Nonfarm (SMS00000000000000023), retrieved from FRED.