Monthly, Not Seasonally Adjusted
This dataset tracks monthly, not seasonally adjusted over time.
Latest Value
71.80
Year-over-Year Change
-2.71%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' series measures the level of the Leading Economic Index (LEI) for West Virginia. The LEI is a key indicator used to assess and forecast the state's economic performance.
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 West Virginia Leading Economic Index (LEI) tracks a basket of economic indicators that tend to change direction before the overall state economy. This index provides an early signal of future economic conditions and is closely monitored by policymakers and analysts.
Methodology
The data is calculated based on a composite of several economic components, including employment, consumer sentiment, and industrial production.
Historical Context
The West Virginia LEI is used to anticipate turning points in the state's business cycle and inform economic policy decisions.
Key Facts
- The West Virginia LEI has been published since 1996.
- The index is calculated by the Federal Reserve Bank of Philadelphia.
- Historically, changes in the LEI have preceded shifts in the state's overall economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' series tracks the level of the West Virginia Leading Economic Index (LEI), a composite indicator used to assess and forecast the state's economic performance.
Q: Why is this trend relevant for users or analysts?
A: The West Virginia LEI provides an early signal of future economic conditions in the state, making it a valuable tool for policymakers and analysts to anticipate turning points in the business cycle.
Q: How is this data collected or calculated?
A: The data is calculated based on a composite of several economic components, including employment, consumer sentiment, and industrial production.
Q: How is this trend used in economic policy?
A: The West Virginia LEI is used by policymakers and economists to inform economic policy decisions and anticipate changes in the state's overall economic activity.
Q: Are there update delays or limitations?
A: The West Virginia LEI data is published monthly, with minimal update delays, providing timely information on the state's economic conditions.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (WVLEIHN), retrieved from FRED.