Three month progress price 2.7% ann’d, 3 month diffusion index at 48.
Determine 1: 3 month annualized progress price within the Coincident Index for the US (blue, left scale), 3 month progress price diffusion index (tan, proper scale). NBER outlined peak-to-trough recession dates shaded grey. Supply: Federal Reserve Financial institution of Philadelphia, NBER, and writer’s calculations.
Right here’s an annotated map of the US. Purple outlines are for battleground states.
Supply: Philadelphia Fed (Sept).
Â
