Coincident Economic Activity Index for Utah
UTPHCI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
187.78
Year-over-Year Change
3.29%
Date Range
1/1/1979 - 6/1/2025
Summary
The Coincident Economic Activity Index for Utah is a composite indicator that tracks the overall economic performance of the state. It is used by economists and policymakers to assess the current state of Utah's economy.
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 Utah combines several key economic variables, including employment, personal income, and manufacturing, to provide a comprehensive measure of economic activity in the state. It is a valuable tool for monitoring economic trends and informing policy decisions.
Methodology
The index is calculated by the Federal Reserve Bank of Philadelphia using data from various government and private sources.
Historical Context
The Coincident Index is widely used by economists, investors, and government officials to understand the economic climate in Utah and guide policy responses.
Key Facts
- The index has a base year of 2007.
- Utah's index reached an all-time high in 2022.
- The index is updated monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Coincident Economic Activity Index for Utah tracks the overall economic performance of the state, combining key indicators like employment, personal income, and manufacturing.
Q: Why is this trend relevant for users or analysts?
A: The index is a valuable tool for monitoring Utah's economic climate and informing policy decisions by economists, investors, and government officials.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve Bank of Philadelphia using data from various government and private sources.
Q: How is this trend used in economic policy?
A: The Coincident Index is widely used by policymakers and analysts to understand the current state of Utah's economy and guide policy responses.
Q: Are there update delays or limitations?
A: The index is updated monthly and reflects the latest available data.
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Citation
U.S. Federal Reserve, Coincident Economic Activity Index for Utah (UTPHCI), retrieved from FRED.