Release: Weekly Economic Index (Lewis-Mertens-Stock)
Link: https://alfred.stlouisfed.org/release?rid=465

ALFRED (ArchivaL Federal Reserve Economic Data)
Economic Research Division
Federal Reserve Bank of St. Louis

File Created: 2024-07-04 6:47 PM CDT

                                                                               Release Dates      
Name                                                                        Start         End     
--------------------------------------------------------------------------------------------------
Weekly Economic Index (Lewis-Mertens-Stock)                               2020-04-16   2024-07-03 

Link
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https://www.dallasfed.org/research/wei                                    2020-04-16   2024-07-03 

Source
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Lewis, Daniel J.                                                          2020-04-16   2024-07-03 
Mertens, Karel                                                            2020-04-16   2024-07-03 
Stock, James H.                                                           2020-04-16   2024-07-03 

Notes
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The WEI is an index of real economic activity using timely and            2020-04-16   2024-07-03 
relevant high-frequency data. It represents the common component of   
ten different daily and weekly series covering consumer behavior, the 
labor market, and production. The WEI is scaled to the four-quarter   
GDP growth rate; for example, if the WEI reads -2 percent and the     
current level of the WEI persists for an entire quarter, we would     
expect, on average, GDP that quarter to be 2 percent lower than a year
previously.                                                           
                                                                      
The WEI is a composite of 10 weekly economic indicators: Redbook      
same-store sales, Rasmussen Consumer Index, new claims for            
unemployment insurance, continued claims for unemployment insurance,  
adjusted income/employment tax withholdings (from Booth Financial     
Consulting), railroad traffic originated (from the Association of     
American Railroads), the American Staffing Association Staffing Index,
steel production, wholesale sales of gasoline, diesel, and jet fuel,  
and weekly average US electricity load (with the remaining data       
supplied by Haver Analytics). All series are represented as           
year-over-year percentage changes. These series are combined into a   
single index of weekly economic activity.                             
                                                                      
For additional details, including an analysis of the performance of   
the model, see Lewis, Mertens, and Stock (2020), “U.S. Economic     
Activity during the Early Weeks of the SARS-Cov-2 Outbreak.” at     
https://www.newyorkfed.org/research/staff_reports/sr920.              
                                                                      
This index has been developed by Daniel Lewis, an economist in the    
Federal Reserve Bank of New York, Karel Mertens, a senior economic    
policy advisor at the Federal Reserve Bank of Dallas, and James Stock,
the Harold Hitchings Burbank Professor of Political Economy, Faculty  
of Arts and Sciences of Harvard University.                           
                                                                      
The index is not an official forecast of the Federal Reserve Bank of  
New York, its president, the Federal Reserve System, or the Federal   
Open Market Committee.                                                


Release Dates Notes:

Release dates are determined by the following process:

When available, the actual release date as provided by the source is
entered into the ALFRED database.  If a release date is not available
from the source, the release date given by our data providers is used.
 If a release date cannot be determined either from the source or from
our data providers, the date that the series was first available in
the St. Louis Fed's FRED database is used.

The release date list contains the dates when any series from this
release was revised.  Note that all series from a release do not
necessarily revise on every release date.

Release Dates:

2020-04-16
2020-04-21
2020-04-23
2020-04-28
2020-04-30
2020-05-05
2020-05-07
2020-05-12
2020-05-14
2020-05-19
2020-05-21
2020-05-26
2020-05-28
2020-06-02
2020-06-04
2020-06-09
2020-06-11
2020-06-16
2020-06-18
2020-06-23
2020-06-25
2020-06-30
2020-07-02
2020-07-07
2020-07-09
2020-07-14
2020-07-16
2020-07-21
2020-07-23
2020-07-28
2020-07-30
2020-08-04
2020-08-06
2020-08-11
2020-08-13
2020-08-18
2020-08-20
2020-08-25
2020-08-27
2020-09-01
2020-09-03
2020-09-08
2020-09-10
2020-09-15
2020-09-17
2020-09-22
2020-09-24
2020-09-29
2020-10-01
2020-10-06
2020-10-08
2020-10-13
2020-10-15
2020-10-20
2020-10-22
2020-10-27
2020-10-29
2020-11-03
2020-11-05
2020-11-10
2020-11-12
2020-11-17
2020-11-19
2020-11-24
2020-11-25
2020-12-01
2020-12-03
2020-12-08
2020-12-10
2020-12-15
2020-12-17
2020-12-22
2020-12-24
2020-12-29
2020-12-31
2021-01-05
2021-01-07
2021-01-12
2021-01-14
2021-01-19
2021-01-21
2021-01-26
2021-01-28
2021-02-02
2021-02-04
2021-02-09
2021-02-11
2021-02-16
2021-02-18
2021-02-23
2021-02-25
2021-03-02
2021-03-04
2021-03-09
2021-03-11
2021-03-16
2021-03-18
2021-03-23
2021-03-25
2021-03-30
2021-04-01
2021-04-06
2021-04-08
2021-04-13
2021-04-15
2021-04-20
2021-04-22
2021-04-27
2021-04-29
2021-05-04
2021-05-06
2021-05-11
2021-05-13
2021-05-18
2021-05-20
2021-05-25
2021-05-27
2021-06-03
2021-06-08
2021-06-10
2021-06-15
2021-06-17
2021-06-22
2021-06-24
2021-06-29
2021-07-01
2021-07-08
2021-07-13
2021-07-15
2021-07-20
2021-07-22
2021-07-27
2021-07-29
2021-08-03
2021-08-05
2021-08-10
2021-08-12
2021-08-17
2021-08-19
2021-08-24
2021-08-26
2021-08-31
2021-09-02
2021-09-09
2021-09-14
2021-09-16
2021-09-21
2021-09-23
2021-09-28
2021-09-30
2021-10-05
2021-10-07
2021-10-14
2021-10-19
2021-10-21
2021-10-26
2021-10-28
2021-11-02
2021-11-04
2021-11-09
2021-11-12
2021-11-16
2021-11-18
2021-11-23
2021-11-24
2021-11-30
2021-12-02
2021-12-07
2021-12-09
2021-12-14
2021-12-16
2021-12-21
2021-12-23
2021-12-28
2021-12-30
2022-01-04
2022-01-06
2022-01-11
2022-01-13
2022-01-20
2022-01-25
2022-01-27
2022-02-01
2022-02-03
2022-02-10
2022-02-17
2022-02-24
2022-03-03
2022-03-10
2022-03-17
2022-03-24
2022-03-31
2022-04-07
2022-04-14
2022-04-21
2022-04-28
2022-05-05
2022-05-12
2022-05-19
2022-05-26
2022-06-02
2022-06-09
2022-06-16
2022-06-23
2022-06-30
2022-07-07
2022-07-14
2022-07-21
2022-07-28
2022-08-04
2022-08-11
2022-08-18
2022-08-25
2022-09-01
2022-09-08
2022-09-15
2022-09-22
2022-09-29
2022-10-06
2022-10-13
2022-10-20
2022-10-27
2022-11-03
2022-11-10
2022-11-17
2022-11-23
2022-12-01
2022-12-08
2022-12-15
2022-12-22
2022-12-29
2023-01-05
2023-01-12
2023-01-19
2023-01-26
2023-02-02
2023-02-09
2023-02-16
2023-02-23
2023-03-02
2023-03-09
2023-03-16
2023-03-23
2023-03-30
2023-04-06
2023-04-13
2023-04-20
2023-04-27
2023-05-04
2023-05-11
2023-05-18
2023-05-25
2023-06-01
2023-06-08
2023-06-15
2023-06-22
2023-06-29
2023-07-06
2023-07-13
2023-07-20
2023-07-27
2023-08-03
2023-08-10
2023-08-17
2023-08-24
2023-08-31
2023-09-07
2023-09-14
2023-09-21
2023-09-28
2023-10-05
2023-10-12
2023-10-19
2023-10-26
2023-11-02
2023-11-09
2023-11-16
2023-11-22
2023-11-30
2023-12-07
2023-12-14
2023-12-21
2023-12-28
2024-01-04
2024-01-11
2024-01-18
2024-01-25
2024-02-01
2024-02-08
2024-02-15
2024-02-22
2024-02-29
2024-03-07
2024-03-14
2024-03-21
2024-03-28
2024-04-04
2024-04-11
2024-04-18
2024-04-25
2024-05-02
2024-05-09
2024-05-16
2024-05-23
2024-05-30
2024-06-06
2024-06-13
2024-06-20
2024-06-27
2024-07-03