The leading index for each state predicts the six-month growth rate of the state’s coincident index. In addition to the coincident index, the models include other variables that lead the economy: state-level housing permits (1 to 4 units), state initial unemployment insurance claims, delivery times from the Institute for Supply Management (ISM) manufacturing survey, and the interest rate spread between the 10-year Treasury bond and the 3-month Treasury bill.
A = Annual, SA = Semiannual, Q = Quarterly, M
= Monthly, BW = Bi-Weekly, W =
Weekly, D = Daily, NA = Not Applicable
Seasonal Adjustment (Seas. Adj.)
SA = Seasonally Adjusted, NSA
= Not Seasonally Adjusted, SAAR = Seasonally Adjusted
Annual Rate, SSA = Smoothed Seasonally Adjusted, NA = Not Applicable