leadingindexes0319

Transcript

1 201 MARCH 9 May Release Date: , 201 9 3 leading indexes for the 50 states for March The Federal Reserve Bank of Philadelphia has released the 201 9 . The indexes are a six month forecast of the state coincident indexes (also released by the Bank). Forty - - i ve state coincident indexes are f projected to grow over the next six months , and five are expected to decrease. For comparison purposes, the Philadelphia Fed has also developed a similar its U.S. coincident index, which is projected to gro w 1.1 index for percent over the next leading six months . The next release of the state leading indexes will b e on May 3 1 , 201 9 .

2 : MARCH 201 9 THIRD DISTRICT LEADING INDEXES Pennsylvania 1. 9 in March . The state’s co incid ent index continued to increase . The Moreover , initial leading index for Pennsylvania was fell building permits in creased after declining in January and February , while However , the unemployment insurance claims . s manufacturing s urve y dec reased . Overall, Pennsylvania’s index of delivery times from the Institute for Supply Management’ March leading index for suggests expansion in the state’s economy through the third quarter of 2019 . New Jersey e leading index for New Jersey was 0 .2 in March . T he state’s coincident ind ex was unchanged. Additi onally Th initial , unemployment insurance claims slightly. However, fell for the second consecutive month, while building permits increased he index t decreased . Overall, New of delivery times from the Institute for Supply Management’s manufacturing survey Jer sey’s leading index for March suggests expansion in the state’s economy through the third quarter of 201 9 . Delaware . was 3.1 in March leading index for Delaware The state’s coincident index continued to increase. Moreover, initial The insura nce unemployment s decreased for the third consecutive month . In March , building permits and t he index of claim delivery times from the Institute for Supply Management’s manufacturing survey decreased . Overall, Delaware’s leading index for March suggests expansion in th e state’s economy through the third quarter of 201 9 . March 2019 DATA: Third District Leading Indexes* January March Area February 1.2 1.7 1.9 Pennsylvania 0.2 0.5 0.6 New Jersey 3.1 1.8 Delaware 3.1 1.1 1.1 1.1 US * Values are subject to monthly revision. Visit our website for data, maps, and more information on the state leading indexes. Please contact Joey Lee for media inquiries. Phone: - 574 - 3840 215

Related documents