West Virginia State Leading Economic Indicators by e-forecasting.com
West Virginia Leading Economic Indicators by e-forecasting.com
The Mountain State’s Early Bird of Business
Launched by e-forecasting in 2005, the
West Virginia Leading Economic Indicator (LEI) is a composite index made from a basket of selected statistics that historically are closely related to future economic conditions in the state of
West Virginia. Like the national index, the West Virginia Leading Economic Indicator is designed to foreshadow state key numbers of
economic activity such as sales, jobs and production six to nine
months ahead of their availability.
The West Virginia Leading
Economic Indicator offers the analysts of the state economy a
historically proven forward-looking tool to forecast the state’s
near-term economic and business conditions. The Pennsylvania early
warning composite indicator captures activities from several
markets that tend to change direction before the state economy
does:
Construction industry
Labor market
Consumers expectations
Technology advancements
Financial markets, short-term and long-term cost of financing
e-forecasting.com publishes monthly the West Virginia Leading Economic Indicator Report. A one year subscription of $360.00 for twelve issues, includes:
Historical analysis, up to the last available month, of the West Virginia Leading Indicator within the state’s business cycle
Twelve month behavior of the leading components and measurement of their contribution to the overall
West Virginia Leading Indicator
Historical data, updated monthly, for analysts’ application to business forecasting, in a user friendly Excel format. Three series are included:
West Virginia Leading Indicator, 2000=100
Monthly percent change in the West Virginia Leading Indicator
Six-month smoothed annualized percent change in the West Virginia Leading Indicator for turning points identification