NOTES
| Title | Release Dates | |
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| Economic Conditions Index for Los Angeles-Long Beach-Santa Ana, CA (MSA) | 2014-12-19 | 2020-04-13 |
| Economic Conditions Index for Los Angeles-Long Beach-Santa Ana, CA (MSA) (DISCONTINUED) | 2020-04-14 | 2020-04-14 |
| Source | ||
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| Federal Reserve Bank of St. Louis | 2014-12-19 | 2020-04-14 |
| Release | ||
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| Metro Area Economic Conditions Indexes | 2014-12-19 | 2020-04-14 |
| Units | ||
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| Percent, 3-Month Moving Average | 2014-12-19 | 2015-09-28 |
| Percent | 2015-09-29 | 2020-04-14 |
| Frequency | ||
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| Monthly | 2014-12-19 | 2020-04-14 |
| Seasonal Adjustment | ||
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| Seasonally Adjusted Annual Rate | 2014-12-19 | 2020-04-14 |
| Notes | ||
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The economic activity index measures average economic growth in the metropolitan area. It is computed using a dynamic factor model that includes 14 variables measuring various aspects of economic activity in the MSA. The index is calibrated to Gross Metropolitan Product (GMP) growth and variance to allow for comparison across metro areas. The observations are 3-month moving averages from the monthly index, so each value represents the average (positive or negative) economic growth in the metro area over the previous three months. For additional details, see "Metro Business Cycles" (Arias, Gascon, and Rapach (2014)) http://research.stlouisfed.org/wp/more/2014-046/. |
2014-12-19 | 2015-09-28 |
|
The economic activity index measures average economic growth in the metropolitan area. It is computed using a dynamic factor model that includes 12 variables measuring various aspects of economic activity in the MSA. The index is calibrated to Gross Metropolitan Product (GMP) growth and variance to allow for comparison across metro areas. For additional details, see Arias, M.A., C.S. Gascon and D.E. Rapach (2016), “Metro Business Cycles,” Journal of Urban Economics 94, 90-108, http://www.sciencedirect.com/science/article/pii/S009411901630016X. Federal Reserve Bank of St. Louis Working Paper 2014-046C, https://research.stlouisfed.org/wp/more/2014-046. |
2015-09-29 | 2020-04-14 |
RELEASE TABLES
Metro Area Economic Conditions Indexes
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