A group of indicators known as Business or Economic Indicators are composites constructed by combining several different time-series to produce a single number that provides an indication of the overall, broad activity in the economy. Two major groups of business, or economic, indicators are available: a group that measures the current state of the economy, and a group that indicates where the economy may be going in the near future.
The current-conditions group of indicators includes the Employment-Coincident Index #1, the General Drift Indicator-Coincident #2, and the Farmington Bank Business Barometer #3. In addition, there are two composite indicators that signal the near-future direction of the economy: Employment-Leading Index #4 and the General Drift Indicator-Leading #5. For charts, trends and data for the five current and future overall economic indicators and historical totals follow the column header links or "trends" buttons. |