Coincident Economic Activity Index for the United States
This dataset tracks coincident economic activity index for the united states over time.
Latest Value
147.89
Year-over-Year Change
2.56%
Date Range
1/1/1979 - 6/1/2025
Summary
The Coincident Economic Activity Index for the United States is a composite indicator that tracks the overall health of the U.S. economy in real-time. It is a valuable tool for economists and policymakers to assess current 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 Coincident Economic Activity Index combines four key economic indicators—nonfarm payroll employment, personal income less transfer payments, industrial production, and manufacturing and trade sales—to provide a comprehensive measure of economic activity. It is published monthly by the Federal Reserve Bank of Philadelphia.
Methodology
The index is calculated from the four underlying indicators using a dynamic single-factor model.
Historical Context
The Coincident Economic Activity Index is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2012 = 100.
- It reached an all-time high of 131.4 in February 2020.
- The index experienced a sharp decline during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Coincident Economic Activity Index measures the overall level of economic activity in the United States, combining four key indicators: employment, income, production, and sales.
Q: Why is this trend relevant for users or analysts?
A: The Coincident Economic Activity Index is a valuable tool for assessing the current state of the U.S. economy, as it provides a comprehensive and real-time snapshot of economic conditions.
Q: How is this data collected or calculated?
A: The index is calculated from the four underlying indicators using a dynamic single-factor model developed by the Federal Reserve Bank of Philadelphia.
Q: How is this trend used in economic policy?
A: The Coincident Economic Activity Index is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly, with a typical one-month lag in the data.
Related News

U.S. Job Growth Slowdown Affects Unemployment Rate
The Impact of Weak Job Growth on the US Unemployment Rate The unemployment rate has always been a vital gauge to understand the United States' economic health. Recent times have brought this indicator into sharper focus, especially as weak job growth continues to challenge the nation’s economy. The pressures of a sluggish labor market may lead to more significant economic consequences, impacting not just the workforce but the broader fiscal landscape. Weak job growth, leading to an increased un

Unpredictability of Interest Rate Direction in the United States
Navigating the Unpredictability of Interest Rates Interest rates have turned into one of the most unpredictable elements in the American financial landscape. This unpredictability stems largely from the nuanced decisions of the Federal Reserve, often referred to as the Fed, whose policies ripple through financial markets, influencing borrowing costs for everyone from ambitious entrepreneurs to families securing mortgages. The web of economic indicators, which serves as the backbone for interest

Impact of U.S. Treasury Yields Rise After Fed Rate Cut
The Impact of a Treasury Yield Rise on the U.S. Economy After a Fed Rate Cut The current rise in the 10-year Treasury bond rate has caught the attention of economists, investors, and policymakers alike. Treasury yields, particularly the 10-year Treasury bond rate, act as a key indicator of the economic outlook in the United States. They affect interest rates, the bond market, and expectations for inflation. Understanding their fluctuations can offer insight into financial markets and help guide

U.S. economy weakening as leading indicators suggest decline
Signs of Slowdown: Analyzing Leading Indicators of U.S. Economic Activity The U.S. economy stands at a pivotal juncture, and the signs of ebbing vitality warrant attention. Among the critical aspects of economic foresight are leading indicators, which illuminate potential patterns before the broader economy reflects the same. Understanding these indicators is vital for predicting economic downturns. We'll explore how they impact GDP growth and analyze the signals that might foretell a recession

Federal Reserve reduces U.S. interest rates, plans further cuts in 2025
Federal Reserve's Strategic Interest Rate Cut in Focus The Federal Reserve's strategic interest rate cut is a significant move in today's economic climate. As the central banking system of the United States, the Federal Reserve plays a crucial role in setting monetary policy to influence the nation's economy. An interest rate cut defines the decision to lower the cost of borrowing, typically aimed at stimulating economic growth. This latest decision could have considerable effects on the U.S. e

US economic growth slows amid rising inflation concerns
US Economic Growth Slows Amid Inflation and Rising Interest Rates The US economy, a crucial indicator of its global standing, is facing a slow growth trajectory. Recent data suggest that inflationary pressures and rising interest rates are the chief culprits in this deceleration. With the Consumer Price Index reflecting heightened inflation and the Federal Reserve adjusting interest rates, the interplay of these factors raises significant concerns for economic stability. These developments furt
Related Trends
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average
CPIAUCNS
Capacity Utilization: Total Index
TCU
Commercial and Industrial Loans, All Commercial Banks
TOTCI
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood A
RLMSHFBHOLCNA
Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHHORHOLCNC
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHFBHOLCNC
Citation
U.S. Federal Reserve, Coincident Economic Activity Index for the United States (USPHCI), retrieved from FRED.