NOTES
| Title | Release Dates | |
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| St. Louis Fed Financial Stress Index | 2010-03-05 | 2020-03-25 |
| St. Louis Fed Financial Stress Index (DISCONTINUED) | 2020-03-26 | 2020-03-26 |
| Source | ||
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| Federal Reserve Bank of St. Louis | 2010-03-05 | 2020-03-26 |
| Release | ||
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| St. Louis Financial Stress Index | 2010-03-05 | 2010-07-14 |
| St. Louis Fed Financial Stress Index | 2010-07-15 | 2020-03-26 |
| Units | ||
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| Index | 2010-03-05 | 2020-03-26 |
| Frequency | ||
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| Weekly, Ending Friday | 2010-03-05 | 2020-03-26 |
| Seasonal Adjustment | ||
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| Not Seasonally Adjusted | 2010-03-05 | 2020-03-26 |
| Notes | ||
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To obtain detailed information regarding the construction of the St. Louis Financial Stress Index, please see the online appendix at
https://files.stlouisfed.org/files/htdocs/publications/net/NETJan2010Appendix.pdf |
2010-03-05 | 2010-07-14 |
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Copyright, 2016, Federal Reserve Bank of St. Louis.
To obtain detailed information regarding the construction of the St. Louis Financial Stress Index, please see the online appendix at https://files.stlouisfed.org/files/htdocs/publications/net/NETJan2010Appendix.pdf As of 07/15/2010 the Vanguard Financial Exchange-Traded Fund series has been replaced with the S&P 500 Financials Index. This change was made to facilitate a more timely and automated updating of the FSI. Switching from the Vanguard series to the S&P series produced no meaningful change in the index. |
2010-07-15 | 2013-07-02 |
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The STLFSI measures the degree of financial stress in the markets and is constructed from 18 weekly data series: seven interest rate series, six yield spreads and five other indicators. Each of these variables captures some aspect of financial stress. Accordingly, as the level of financial stress in the economy changes, the data series are likely to move together. The latest STLFSI press release, with commentary, can be found at https://www.stlouisfed.org/news-releases
How to Interpret the Index The average value of the index, which begins in late 1993, is designed to be zero. Thus, zero is viewed as representing normal financial market conditions. Values below zero suggest below-average financial market stress, while values above zero suggest above-average financial market stress. More information For additional information on the STLFSI and its construction, see “Measuring Financial Market Stress” (http://research.stlouisfed.org/publications/es/10/ES1002.pdf) and the related appendix (https://files.stlouisfed.org/files/htdocs/publications/net/NETJan2010Appendix.pdf). As of 07/15/2010 the Vanguard Financial Exchange-Traded Fund series has been replaced with the S&P 500 Financials Index. This change was made to facilitate a more timely and automated updating of the FSI. Switching from the Vanguard series to the S&P series produced no meaningful change in the index. Copyright, 2016, Federal Reserve Bank of St. Louis. |
2013-07-03 | 2016-11-03 |
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The STLFSI measures the degree of financial stress in the markets and is constructed from 18 weekly data series: seven interest rate series, six yield spreads and five other indicators. Each of these variables captures some aspect of financial stress. Accordingly, as the level of financial stress in the economy changes, the data series are likely to move together.
How to Interpret the Index: The average value of the index, which begins in late 1993, is designed to be zero. Thus, zero is viewed as representing normal financial market conditions. Values below zero suggest below-average financial market stress, while values above zero suggest above-average financial market stress. More information: For additional information on the STLFSI and its construction, see “Measuring Financial Market Stress” (https://files.stlouisfed.org/research/publications/es/10/ES1002.pdf) and the related appendix (https://files.stlouisfed.org/files/htdocs/publications/net/NETJan2010Appendix.pdf). For a list of the components that are used to construct the STLFSI see https://www.stlouisfed.org/news-releases/st-louis-fed-financial-stress-index/stlfsi-key. As of 07/15/2010 the Vanguard Financial Exchange-Traded Fund series has been replaced with the S&P 500 Financials Index. This change was made to facilitate a more timely and automated updating of the FSI. Switching from the Vanguard series to the S&P series produced no meaningful change in the index. Copyright, 2016, Federal Reserve Bank of St. Louis. |
2016-11-04 | 2019-06-26 |
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The STLFSI measures the degree of financial stress in the markets and is constructed from 18 weekly data series: seven interest rate series, six yield spreads and five other indicators. Each of these variables captures some aspect of financial stress. Accordingly, as the level of financial stress in the economy changes, the data series are likely to move together. How to Interpret the Index: The average value of the index, which begins in late 1993, is designed to be zero. Thus, zero is viewed as representing normal financial market conditions. Values below zero suggest below-average financial market stress, while values above zero suggest above-average financial market stress. More information: For additional information on the STLFSI and its construction, see "Measuring Financial Market Stress" (https://files.stlouisfed.org/research/publications/es/10/ES1002.pdf) and the related appendix (https://files.stlouisfed.org/files/htdocs/publications/net/NETJan2010Appendix.pdf). See this list (https://www.stlouisfed.org/news-releases/st-louis-fed-financial-stress-index/stlfsi-key) of the components that are used to construct the STLFSI. As of 07/15/2010 the Vanguard Financial Exchange-Traded Fund series has been replaced with the S&P 500 Financials Index. This change was made to facilitate a more timely and automated updating of the FSI. Switching from the Vanguard series to the S&P series produced no meaningful change in the index. Copyright, 2016, Federal Reserve Bank of St. Louis. |
2019-06-27 | 2020-03-25 |
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The methodology for the St. Louis Fed's Financial Stress Index was revised and this series is discontinued. The new version, STLFSI3, can be found here (https://fred.stlouisfed.org/series/STLFSI3). The STLFSI measures the degree of financial stress in the markets and is constructed from 18 weekly data series: seven interest rate series, six yield spreads and five other indicators. Each of these variables captures some aspect of financial stress. Accordingly, as the level of financial stress in the economy changes, the data series are likely to move together. How to Interpret the Index: The average value of the index, which begins in late 1993, is designed to be zero. Thus, zero is viewed as representing normal financial market conditions. Values below zero suggest below-average financial market stress, while values above zero suggest above-average financial market stress. More information: For additional information on the STLFSI and its construction, see "Measuring Financial Market Stress" (https://files.stlouisfed.org/research/publications/es/10/ES1002.pdf) and the related appendix (https://files.stlouisfed.org/files/htdocs/publications/net/NETJan2010Appendix.pdf). See this list (https://www.stlouisfed.org/news-releases/st-louis-fed-financial-stress-index/stlfsi-key) of the components that are used to construct the STLFSI. As of 07/15/2010 the Vanguard Financial Exchange-Traded Fund series has been replaced with the S&P 500 Financials Index. This change was made to facilitate a more timely and automated updating of the FSI. Switching from the Vanguard series to the S&P series produced no meaningful change in the index. Copyright, 2016, Federal Reserve Bank of St. Louis. |
2020-03-26 | 2020-03-26 |
