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The Philly Fed ADS Business Conditions Index

From dshort.com - Advisor Perspectives
July 24, 2015 - 5:16pm

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. Thus it is comparable to the better-known Chicago Fed's National Activity Index. More… -- Delivered by Feed43 service

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