The Philly Fed ADS Business Conditions Index

From - Advisor Perspectives
June 10, 2013 - 9:47am

Jun 10, 2013 Doug Short  Note from dshort: I’ve updated my periodic look at the Philly Fed ADS Index through Friday’s release, which incorporated the latest Payroll Employment data. The Philly Fed’s Aruoba-Diebold-Scotti Business Conditions Index (hereafter the ADS index) is a fascinating but relatively little known real-time indicator of business conditions for the U.S. economy, not just the Third Federal Reserve District, which covers eastern Pennsylvania, southern New Jersey, and Delaware.More...

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