Coincident Index in the United States remained unchanged at 148.70 points in December. Coincident Index in the United States averaged 88.81 points from 1979 until 2025, reaching an all time high of 148.70 points in November of 2025 and a record low of 44.91 points in January of 1979. source: Federal Reserve Bank of Philadelphia

Related	Last	Previous	Unit	Reference
Coincident Index	148.70	148.70	points	Dec 2025
Philadelphia Fed Manufacturing Index	12.60	-8.80	points	Jan 2026
Philly Fed Business Conditions	25.50	38.10	points	Jan 2026
Philly Fed CAPEX Index	30.30	29.10	points	Jan 2026
Philly Fed Employment	9.70	13.00	points	Jan 2026
Philly Fed New Orders	14.40	5.70	points	Jan 2026
Philly Fed Prices Paid	46.90	49.30	points	Jan 2026

United States Coincident Index

The Federal Reserve Bank of Philadelphia produces a monthly coincident index for each of the 50 states. The coincident indexes combine four state-level indicators to summarize current economic conditions in a single statistic. The four state-level variables in each coincident index are nonfarm payroll employment, average hours worked in manufacturing by production workers, the unemployment rate, and wage and salary disbursements deflated by the consumer price index (U.S. city average). The trend for each state’s index is set to the trend of its gross domestic product (GDP), so long-term growth in the state’s index matches long-term growth in its GDP.