US Heat Map: State Coincident Index in October

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Every month the Federal Reserve Bank of Philadelphia releases coincident indexes for 50 states, and here is the heat map for October.

From the following map, we can see that majority of the states are improving while just 5 states are seeing shrinking. There is a map legend within the map for indicating that dark green represents booming while red represents shrinking.

phillystatemapoct2013

The coincident index combines four state-level indicators that summarizing current economic conditions in a single statistic: nonfarm payroll employment, average hours worked in manufacturing, unemployment rate, and wage & salary disbursements deflated by the consumer price index.

We can see an obviously economic improvement in the United States, especially when compare the heat map with the one from February 2009:

un-heat-map-state-concident-indexes-in-2009-february

 

Map Reviews: 3.5/5 Stars

Simple heat map that clearly displays the index result on the state map, and the heat map has been improved by adding abbreviation in the latest version.

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