Observations

Dec 2019: 1.82

Updated: Apr 14, 2020 4:27 PM CDT

Units:

Percent,

Seasonally Adjusted Annual Rate

Frequency:

Monthly

Notes

Title	Release Dates

Economic Conditions Index for Worcester, MA-CT (MSA)	2016-10-11	2020-04-13
Economic Conditions Index for Worcester, MA-CT (MSA) (DISCONTINUED)	2020-04-14	2020-04-14

Source

Federal Reserve Bank of St. Louis	2016-10-11	2020-04-14

Release

Metro Area Economic Conditions Indexes	2016-10-11	2020-04-14

Units

Percent	2016-10-11	2020-04-14

Frequency

Monthly	2016-10-11	2020-04-14

Seasonal Adjustment

Seasonally Adjusted Annual Rate	2016-10-11	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 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.	2016-10-11	2020-04-14

Release Tables

Metro Area Economic Conditions Indexes