The Weekly Economic Index (WEI) of the United States exhibited notable fluctuations between January 2021 and October 2024. Throughout this period, the WEI reached its lowest point at negative 0.98 percent in the third week of February 2021, while achieving its peak at 10.27 percent in the first week of May 2021. From 2021 through the initial half of 2023, the WEI demonstrated a gradual decline, interspersed with occasional minor upturns. This phase was succeeded by a period characterized by a modest overall increase.
What is the Weekly Economic Index?
The Weekly Economic Index (WEI) is an index of real economic activity using high-frequency data, used to signal the state of the U.S. economy. It is an index of 10 daily and weekly indicators, scaled to align with the four-quarter GDP growth rate. The indicators reflected in the WEI cover consumer behavior, the labor market, and production.
Weekly Economic Index (WEI) in the United States from January 2021 to October 2024
(compared to previous year)
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Dallas Fed. (November 6, 2024). Weekly Economic Index (WEI) in the United States from January 2021 to October 2024 (compared to previous year) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1332099/us-weekly-economic-index/
Dallas Fed. "Weekly Economic Index (WEI) in the United States from January 2021 to October 2024 (compared to previous year)." Chart. November 6, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1332099/us-weekly-economic-index/
Dallas Fed. (2024). Weekly Economic Index (WEI) in the United States from January 2021 to October 2024 (compared to previous year). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1332099/us-weekly-economic-index/
Dallas Fed. "Weekly Economic Index (Wei) in The United States from January 2021 to October 2024 (Compared to Previous Year)." Statista, Statista Inc., 6 Nov 2024, https://www.statista.com/statistics/1332099/us-weekly-economic-index/
Dallas Fed, Weekly Economic Index (WEI) in the United States from January 2021 to October 2024 (compared to previous year) Statista, https://www.statista.com/statistics/1332099/us-weekly-economic-index/ (last visited November 18, 2024)
Weekly Economic Index (WEI) in the United States from January 2021 to October 2024 (compared to previous year) [Graph], Dallas Fed, November 6, 2024. [Online]. Available: https://www.statista.com/statistics/1332099/us-weekly-economic-index/
