Diffusion Indexes, 6-Month Span: Total Nonfarm in All Metropolitan Statistical Areas
SMS99999990000000023 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.60
Year-over-Year Change
-8.66%
Date Range
1/1/1991 - 6/1/2025
Summary
Tracks employment expansion across metropolitan areas nationwide. Provides a comprehensive view of regional labor market dynamics and economic health.
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 measures the breadth of employment changes across different metropolitan statistical areas. It indicates overall economic momentum and regional labor market trends.
Methodology
Calculated by tracking employment changes across multiple metropolitan statistical areas.
Historical Context
Used by policymakers to assess nationwide economic expansion and regional economic performance.
Key Facts
- Measures employment changes across multiple metro areas
- Indicates economic expansion breadth
- Critical for understanding regional economic health
FAQs
Q: What does a diffusion index measure?
A: A diffusion index tracks the percentage of areas experiencing economic growth or decline. It provides a comprehensive view of economic momentum.
Q: How is the metropolitan diffusion index calculated?
A: By tracking employment changes across different metropolitan statistical areas and calculating the percentage showing positive trends.
Q: Why are diffusion indexes important for economists?
A: They reveal broader economic trends beyond individual market data, showing overall economic expansion or contraction.
Q: Can this index predict economic recessions?
A: The index can provide early signals of potential economic slowdowns by showing declining employment across multiple regions.
Q: How often is this data updated?
A: Typically updated monthly, providing current insights into metropolitan employment trends.
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Citation
U.S. Federal Reserve, Diffusion Indexes, 6-Month Span: Total Nonfarm in All Metropolitan Statistical Areas (SMS99999990000000023), retrieved from FRED.