Economic activity indexes are indexes which attempt to provide an overall look at the state of the economy.
The Business Formation Statistics provide timely and high frequency information on new business applications and formations in the United States.
Major Business Formation Statistics Indicators
Indicator | Period | Value | % CHG PREV |
US Business Applications | Feb 2023 | 429800.0 | 1.93% |
US Business Applications from Corporations | Feb 2023 | 48966.00 | 1.67% |
US Business Applications with Planned Wages | Feb 2023 | 48844.00 | 3.90% |
US High-Propensity Business Applications | Feb 2023 | 144868.0 | 4.80% |
US Projected Business Formations within Eight Quarters | Feb 2023 | 41331.00 | 4.20% |
US Projected Business Formations within Four Quarters | Feb 2023 | 31888.00 | 3.74% |
US Spliced Business Formations within Eight Quarters | Feb 2023 | 41331.00 | 4.20% |
US Spliced Business Formations within Four Quarters | Feb 2023 | 31888.00 | 3.74% |
The balance of international payments covers all economic transactions between Canadian residents and non-residents in three accounts: the current account, the capital account and the financial account.
Major Canada Balance of International Payments Indicators
Indicator | Period | Value | % CHG PREV |
Canada Balance of Taxes | Q4 2022 | 3.506B CAD | 9.22% |
Canada Balance on Commercial Services | Q4 2022 | 296.00M CAD | -- |
Canada Balance on Compensation of Employees | Q4 2022 | -1.494B CAD | -- |
Canada Balance on Goods | Q4 2022 | 1.672B CAD | -32.42% |
Canada Balance on Goods and Services | Q4 2022 | -2.781B CAD | -- |
Canada Balance on Government Services | Q4 2022 | -70.00M CAD | -- |
Canada Balance on Investment Income | Q4 2022 | -5.275B CAD | -- |
Canada Balance on Primary Income | Q4 2022 | -6.768B CAD | -- |
Canada Balance on Services | Q4 2022 | -4.453B CAD | -- |
Canada Balance on Transportation | Q4 2022 | -3.874B CAD | -- |
Canada Balance on Travel | Q4 2022 | -805.00M CAD | -- |
Canada Current Account Balance | Q4 2022 | -10.64B CAD | -- |
The Chicago Fed National Activity Index is a monthly index designed to gauge overall economic activity and related inflationary pressure.
Major Chicago Fed National Activity Report Indicators
Indicator | Period | Value | % CHG PREV |
Chicago Fed National Activity Index | Feb 2023 | -0.19 | -- |
Chicago Fed National Activity Index (3 Month Moving Average) | Feb 2023 | -0.13 | -- |
Chicago Fed National Activity Index: Employment, Unemployment and Hours | Feb 2023 | -0.02 | -- |
Chicago Fed National Activity Index: Personal Consumption and Housing | Feb 2023 | -0.08 | -- |
Chicago Fed National Activity Index: Production and Income | Feb 2023 | -0.08 | -- |
Chicago Fed National Activity Index: Sales, Orders, Inventories | Feb 2023 | -0.02 | -- |
The Chicago Fed Survey of Economic Conditions (CFSEC) is a survey of organizations located in the Seventh Federal Reserve District. The goal of the survey is to assess the state of the economy in the Seventh Federal Reserve District, which is served by the Chicago Fed. The Chicago Fed produces diffusion indexes based on the quantitative questions in the survey.
Major Chicago Fed Survey of Economic Conditions Indicators
Indicator | Period | Value | % CHG PREV |
Chicago Fed Survey of Economic Conditions Activity Index | Mar 2023 | -10.05 | -- |
Chicago Fed Survey of Economic Conditions Capital Spending Expectations Index | Mar 2023 | -15.82 | -- |
Chicago Fed Survey of Economic Conditions Current Hiring Index | Mar 2023 | -14.15 | -- |
Chicago Fed Survey of Economic Conditions Hiring Expectations Index | Mar 2023 | -28.18 | -- |
Chicago Fed Survey of Economic Conditions Manufacturing Activity Index | Mar 2023 | -12.20 | -- |
Chicago Fed Survey of Economic Conditions Nonmanufacturing Activity Index | Mar 2023 | -8.547 | -- |
Chicago Fed Survey of Economic Conditions Outlook for US Economy Index | Mar 2023 | -35.44 | -- |
The Index of Business Conditions are summary measures for aggregate economic activity. They are designed to be a useful tool for analyzing current conditions, and for forecasting future economic conditions.
Major ESRI Index of Business Conditions Indicators
Indicator | Period | Value | % CHG PREV |
Japan Business Conditions Coincident Diffusion Index | Jan 2023 | 31.30 | 4.33% |
Japan Business Conditions Composite Coincident Index | Jan 2023 | 96.10 | -3.03% |
Japan Business Conditions Composite Lagging Index | Jan 2023 | 99.50 | -0.10% |
Japan Business Conditions Composite Leading Index | Jan 2023 | 96.50 | -0.41% |
Japan Business Conditions Cumulated Coincident Diffusion Index | Jan 2023 | 31.30 | 4.33% |
Japan Business Conditions Cumulated Lagging Diffusion Index | Jan 2023 | 50.00 | -10.07% |
Japan Business Conditions Cumulated Leading Diffusion Index | Jan 2023 | 55.60 | 52.75% |
Japan Business Conditions Lagging Diffusion Index | Jan 2023 | 50.00 | -10.07% |
Japan Business Conditions Leading Diffusion Index | Jan 2023 | 55.60 | 52.75% |
The European Economic Sentiment Indicator is a part of the business and consumer surveys conducted by the Directorate General for Economic and Financial Affairs for different sectors of the economies in the European Union and in the applicant countries.
Major European Economic Sentiment Indicator Indicators
Indicator | Period | Value | % CHG PREV |
Belgium Economic Sentiment Indicator | Feb 2023 | 88.90 | 1.72% |
Czech Republic Economic Sentiment Indicator | Feb 2023 | 92.00 | 3.95% |
Eurozone Consumer Confidence Indicator | Feb 2023 | -19.00 | -- |
Eurozone Economic Sentiment Indicator | Feb 2023 | 99.70 | -0.10% |
Eurozone Industry Confidence Indicator | Feb 2023 | 0.50 | -58.33% |
France Economic Sentiment Indicator | Feb 2023 | 97.10 | -1.52% |
Germany Economic Sentiment Indicator | Feb 2023 | 97.90 | 0.10% |
Greece Economic Sentiment Indicator | Feb 2023 | 107.50 | 1.51% |
Italy Economic Sentiment Indicator | Feb 2023 | 102.50 | 0.00% |
Netherlands Economic Sentiment Indicator | Feb 2023 | 97.50 | 3.07% |
Poland Economic Sentiment Indicator | Feb 2023 | 89.80 | -0.22% |
Portugal Economic Sentiment Indicator | Feb 2023 | 102.90 | 4.47% |
Spain Economic Sentiment Indicator | Feb 2023 | 99.50 | -1.97% |
The Business Confidence Indicator provides information on future developments, based upon opinion surveys on developments in production, orders and stocks of finished goods in the industry sector. It can be used to monitor output growth and to anticipate turning points in economic activity. Numbers above 100 suggest an increased confidence in near future business performance, and numbers below 100 indicate pessimism towards future performance.
Major OECD Business Confidence Indicators Indicators
The OECD system of composite leading indicators was developed in the 1970’s to give early signals of turning points of economic activity. This information is of prime importance for economists, businesses and policy makers to enable timely analysis of the current and short-term economic situation.
Major OECD Composite Leading Indicators Indicators
Indicator | Period | Value | % CHG PREV |
Composite Leading Indicator: Canada | Feb 2023 | 96.93 | -0.14% |
Composite Leading Indicator: China | Feb 2023 | 98.60 | -0.02% |
Composite Leading Indicator: France | Feb 2023 | 97.69 | -0.15% |
Composite Leading Indicator: G20 | Feb 2023 | 98.53 | -0.04% |
Composite Leading Indicator: Germany | Feb 2023 | 98.56 | 0.09% |
Composite Leading Indicator: Italy | Feb 2023 | 97.07 | 0.08% |
Composite Leading Indicator: Japan | Feb 2023 | 99.84 | -0.03% |
Composite Leading Indicator: Spain | Feb 2023 | 98.27 | 0.05% |
Composite Leading Indicator: United Kingdom | Feb 2023 | 95.14 | 0.06% |
Composite Leading Indicator: United States | Feb 2023 | 98.45 | -0.03% |
The Consumer Confidence Indicator provides an indication of future developments of households’ consumption and saving, based upon answers regarding their expected financial situation, their sentiment about the general economic situation, unemployment and capability of savings. An indicator above 100 signals a boost in the consumers’ confidence towards the future economic situation, as a consequence of which they are less prone to save, and more inclined to spend money on major purchases in the next 12 months. Values below 100 indicate a pessimistic attitude towards future developments in the economy, possibly resulting in a tendency to save more and consume less.
Major OECD Consumer Confidence Indicators Indicators
Indicator | Period | Value | % CHG PREV |
Consumer Confidence Indicator: Belgium | Feb 2023 | 99.37 | 0.59% |
Consumer Confidence Indicator: China | Dec 2022 | 92.53 | 0.29% |
Consumer Confidence Indicator: Colombia | Jan 2023 | 94.70 | -0.52% |
Consumer Confidence Indicator: European Union 27 | Feb 2023 | 96.40 | 0.60% |
Consumer Confidence Indicator: France | Feb 2023 | 96.53 | -0.17% |
Consumer Confidence Indicator: G20 | Feb 2023 | 96.62 | 0.34% |
Consumer Confidence Indicator: Germany | Feb 2023 | 98.49 | 0.65% |
Consumer Confidence Indicator: Italy | Feb 2023 | 99.59 | 0.21% |
Consumer Confidence Indicator: Japan | Feb 2023 | 97.07 | 0.15% |
Consumer Confidence Indicator: Latvia | Feb 2023 | 92.40 | 1.11% |
Consumer Confidence Indicator: Lithuania | Feb 2023 | 100.85 | 0.65% |
Consumer Confidence Indicator: Luxembourg | Feb 2023 | 97.51 | 0.67% |
Consumer Confidence Indicator: Spain | Feb 2023 | 97.40 | 0.53% |
Consumer Confidence Indicator: United Kingdom | Feb 2023 | 94.16 | 0.85% |
Consumer Confidence Indicator: United States | Feb 2023 | 97.68 | 0.39% |
The Office of Economic Analysis provides objective forecasts of the state's economy, revenue, population, corrections population, and Youth Authority population. These forecasts are used by the Governor, the Legislature, state agencies, and the public to achieve their goals.
Major Oregon Economic Forecast Indicators
The Federal Reserve Bank of Philadelphia produces a monthly coincident index for each of the 50 states. The Bank issues a release each month describing recent trends in the state indexes, with special coverage of the three states in the Third District: Pennsylvania, New Jersey, and Delaware.
Major Philly Fed Coincident Index Indicators
Indicator | Period | Value | % CHG PREV |
Philly Fed Delaware Coincident Index | Dec 2022 | 133.90 | -0.03% |
Philly Fed New Jersey Coincident Index | Dec 2022 | 136.35 | 0.27% |
Philly Fed Pennsylvania Coincident Index | Dec 2022 | 128.02 | 0.46% |
Philly Fed US Coincident Index | Dec 2022 | 136.72 | 0.27% |
The Federal Reserve Bank of Philadelphia produces leading indexes monthly and are usually released a week after the release of the coincident indexes. The Bank issues a release each month describing the current and future economic situation of the 50 states with special coverage of the Third District: Pennsylvania, New Jersey, and Delaware.
Major Philly Fed Leading Index Indicators
Indicator | Period | Value | % CHG PREV |
Philly Fed Delaware Leading Index | Feb 2020 | 1.91% | 37.92% |
Philly Fed New Jersey Leading Index | Feb 2020 | 1.19% | -4.77% |
Philly Fed Pennsylvania Leading Index | Feb 2020 | 0.90% | 44.66% |
Philly Fed US Leading Index | Feb 2020 | 1.72% | 9.25% |
The Nonmanufacturing Business Outlook Survey (NBOS) is a monthly survey of nonmanufacturers in the Third Federal Reserve District. Participants indicate the direction of change in overall business activity and in the various measures of activity at their firms, including new orders, sales or revenues, employment, prices, and capital expenditures. Respondents also provide their assessments of general business conditions over the next six months.
Major Philly Fed Nonmanufacturing Business Outlook Survey Indicators
Indicator | Period | Value | % CHG PREV |
Philly Fed Nonmanufacturing Company Activity Index | Mar 2023 | -0.10 | -- |
Philly Fed Nonmanufacturing Future Company Activity Index | Mar 2023 | 12.30 | -48.54% |
Philly Fed Nonmanufacturing Future Region Activity Index | Mar 2023 | -3.50 | -- |
Philly Fed Nonmanufacturing New Orders Index | Mar 2023 | -15.40 | -- |
Philly Fed Nonmanufacturing Number of Full-time Employees Index | Mar 2023 | 3.20 | -79.87% |
Philly Fed Nonmanufacturing Number of Part-time or Temporary Employees Index | Mar 2023 | -6.80 | -- |
Philly Fed Nonmanufacturing Prices Paid Index | Mar 2023 | 37.90 | -21.86% |
Philly Fed Nonmanufacturing Prices Received Index | Mar 2023 | 18.10 | -42.72% |
Philly Fed Nonmanufacturing Region Activity Index | Mar 2023 | -12.80 | -- |
Philly Fed Nonmanufacturing Sales Index | Mar 2023 | 10.30 | -28.97% |
Major Sahm Rule Recession Indicator Indicators
Indicator | Period | Value | % CHG PREV |
Real-time Sahm Rule Recession Indicator | Feb 2023 | 0.00% | -- |
Sahm Rule Recession Indicator | Feb 2023 | 0.00% | -- |
NFIB Research Center has collected Small Business Economic Trends Data with Quarterly surveys since 1973 and monthly surveys since 1986. The sample is drawn from the membership files of the National Federation of Independent Business (NFIB).
Major Small Business Optimism Index Indicators
Indicator | Period | Value | % CHG PREV |
Small Business Optimism Index | Feb 2023 | 90.90 | 0.66% |
Small Business Outlook: Business Conditions | Feb 2023 | -47.00% | -- |
Small Business Outlook: Expansion | Feb 2023 | 6.00% | -14.29% |
Small Business Uncertainty Index | Feb 2023 | 71.00 | -6.58% |
The Texas Business-Cycle Index is published monthly and calculated using payroll employment, gross state product, and the unemployment rate.
Major Texas Business-Cycle Indexes Indicators
Indicator | Period | Value | % CHG PREV |
Austin-Round Rock, TX Business-Cycle Index | Jan 2023 | 1299.78 | 0.19% |
Brownsville-Harlingen, TX Business-Cycle Index | Jan 2023 | 348.63 | 0.03% |
Dallas-Plano-Irving, TX Business-Cycle Index | Jan 2023 | 729.28 | 0.49% |
El Paso, TX Business-Cycle Index | Jan 2023 | 376.86 | 0.44% |
Fort Worth-Arlington, TX Business-Cycle Index | Jan 2023 | 376.86 | 0.44% |
Houston-Sugar Land-Baytown, TX Business-Cycle Index | Jan 2023 | 375.53 | 0.20% |
Laredo, TX Business-Cycle Index | Jan 2023 | 285.99 | -0.62% |
McAllen-Edinburg-Mission, TX Business-Cycle Index | Jan 2023 | 328.21 | 0.18% |
San Antonio-New Braunfels, TX Business-Cycle Index | Jan 2023 | 459.15 | 0.13% |
Texas Business-Cycle Index | Jan 2023 | 426.40 | 0.48% |
The Texas Leading Index provides information on the future of Texas's economy. It is comprised of eight leading indicators which tend to change direction before the overall economy. These indicators include the Texas value of the dollar, the US leading index, real oil price, well permits, initial claims for unemployment insurance, the Texas stock index, help-wanted index, and the average weekly hours worked in manufacturing.
Major Texas Leading Index Indicators
Indicator | Period | Value | % CHG PREV |
Texas Leading Index | Jan 2023 | 130.28 | 0.22% |
Texas Leading Index Annual Average | 2022 | 134.67 | 4.91% |
Texas Leading Index Annual Average YoY | 2022 | 4.91% | -64.00% |
Texas Leading Index Change from Previous Year | 2022 | -4.21% Chg Yr | -- |
US Recession Probabilities (Chauvet and Piger) are the smoothed probabilities of a recession in the US. They are calculated from a dynamic-factor Markov-switching model on non-farm payroll employment, industrial production index, real personal income, and real manufacturing and trade sales.
Major US Recession Probabilities - Chauvet and Piger Indicators
Indicator | Period | Value | % CHG PREV |
US Recession Probability | Jan 2023 | 0.90% | -36.62% |
US Recession Probabilities (Estrella and Mishkin) is predicted twelve months ahead through a model which uses the difference between 10-year and 3-month Treasury rates.
Major US Recession Probabilities - Estrella and Mishkin Indicators
Indicator | Period | Value | % CHG PREV |
US Recession Probability | Feb 2024 | 54.49% | -4.63% |
The Weekly Economic Index (WEI) provides a signal of the state of the U.S. economy based on data available at a daily or weekly frequency. It represents the common component of ten different daily and weekly series covering consumer behavior, the labor market, and production.
Major Weekly Economic Index (WEI) Indicators
Indicator | Period | Value | % CHG PREV |
US Weekly Economic Index | Mar 18 2023 | 1.06 | 11.58% |
The World Economic Outlook from the IMF contains data concerning the debt, lending and borrowing of major nations around the world.
Major World Economic Outlook Indicators
The ZEW Indicator of Economic Sentiment is calculated from the results of the ZEW Financial Market Survey. It is constructed as the difference between the percentage share of analysts that are optimistic and the share of analysts that are pessimistic for the German economy in six months.
Major ZEW Indicator of Economic Sentiment Indicators
Indicator | Period | Value | % CHG PREV |
ZEW Indicator of Economic Sentiment for Germany | Mar 2023 | 13.00 | -53.74% |
Upcoming Reports
Report Name | Next Released |
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Mar 23 2023, 05:00 EDT |
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Mar 27 2023, 01:00 EDT (R) |
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Mar 29 2023, 10:00 EDT |
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Mar 29 2023, 10:00 EDT |
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Mar 30 2023, 11:30 EDT |
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Apr 1 2023, 10:00 EDT |
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Apr 1 2023, 11:00 EDT |
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Apr 5 2023, 06:00 EDT |
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Apr 5 2023, 06:00 EDT |
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Apr 7 2023, 10:00 EDT |