Economic Conditions Index for Little Rock-North Little Rock-Conway, AR (MSA) (DISCONTINUED)

Observations

Dec 2019: 2.23

Updated: Apr 14, 2020 4:27 PM CDT

Dec 2019:	2.23
Nov 2019:	0.24
Oct 2019:	0.78
Sep 2019:	-2.43
Aug 2019:	2.66

Units:

Percent,

Seasonally Adjusted Annual Rate

Frequency:

Monthly

Notes

Title	Release Dates

Economic Conditions Index for Little Rock-North Little Rock-Conway, AR (MSA)	2014-12-19	2020-04-13
Economic Conditions Index for Little Rock-North Little Rock-Conway, AR (MSA) (DISCONTINUED)	2020-04-14	2020-04-14

Source

Federal Reserve Bank of St. Louis	2014-12-19	2020-04-14

Release

Metro Area Economic Conditions Indexes	2014-12-19	2020-04-14

Units

Percent, 3-Month Moving Average	2014-12-19	2015-09-28
Percent	2015-09-29	2020-04-14

Frequency

Monthly	2014-12-19	2020-04-14

Seasonal Adjustment

Seasonally Adjusted Annual Rate	2014-12-19	2020-04-14

Notes

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