Weekly Economic Index [USA]

The WEI is currently 2.00 percent, scaled to four-quarter GDP growth, for the week ended October 12 and 2.22 percent for October 05. The 13-week moving average is 2.04 percent. This is compared with 3.04 percent four-quarter GDP growth through the second quarter of 2024

The WEI is composed of 10 underlying series

Consumer Behavior

Labor Market Conditions

Production

The WEI showed a gradual decline, interspersed with occasional small increases

This phase was followed by a period of modest overall increases

(I:USWEI)