Category Archives: Coincident Index

In Maine, Coincident Index slows, but job growth remains strong

From the Philadelphia Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for September 2014. In the past month, the indexes increased in 43 states, decreased in four, and remained stable in three, for a one-month diffusion index of 78. Over the past three months, the indexes increased in […]

Maine Jobs Report, Personal Income Data, and Coincident Index: Cautious Optimism

coincident-indexes

LAST week, the jobs data published by the Bureau of Labor Statistics showed that Maine’s unemployment rate remained unchanged at 5.7%, but that the economy 4,900 jobs.  While these numbers indicate steady growth, there are reasons the data should call for cautious optimism. First, the 4,900 jobs were the single biggest month-over-month increase during the […]