Leading Index for Wisconsin
WISLIND • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.63
Year-over-Year Change
2616.67%
Date Range
1/1/1982 - 2/1/2020
Summary
The Leading Index for Wisconsin is a composite index that tracks economic conditions in the state. It is used by policymakers and analysts to anticipate changes in the Wisconsin 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 Leading Index for Wisconsin is a leading economic indicator that combines several key data points to provide an overall assessment of the state's economic outlook. It is designed to signal peaks and troughs in economic activity in Wisconsin.
Methodology
The index is calculated by the Federal Reserve Bank of Philadelphia based on state-level data.
Historical Context
The Leading Index for Wisconsin is closely monitored by state officials and businesses to help inform economic policy and investment decisions.
Key Facts
- The index was first published in 1992.
- It combines 6 state-level economic indicators.
- A rising index signals an expanding Wisconsin economy.
FAQs
Q: What does this economic trend measure?
A: The Leading Index for Wisconsin is a composite indicator that tracks overall economic conditions in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: The Leading Index for Wisconsin provides an early signal of changes in the state's economy, helping policymakers and businesses make more informed decisions.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve Bank of Philadelphia based on state-level economic data.
Q: How is this trend used in economic policy?
A: The Leading Index for Wisconsin is closely monitored by state officials and businesses to help guide economic policy and investment decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical 1-2 month lag in the underlying data.
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Citation
U.S. Federal Reserve, Leading Index for Wisconsin (WISLIND), retrieved from FRED.