17:18 · 19 May 2020

New York FED: Weekly Economic Index (WEI) declines further

Dow
Stock CFDs
DOW.US, Dow Inc
-
-
The Weekly Economic Index (WEI) provides a signal of the state of the U.S. economy based on data available at a daily or weekly frequency. It represents the common component of ten different daily and weekly series covering consumer behavior, the labor market, and production.
 
The WEI is currently -11.70 percent, scaled to four-quarter GDP growth, for the week ended May 16 and -10.37 percent for May 9; for reference, the WEI stood at 1.58 percent for the week ended February 29.
 
The WEI for the week of May 9 was revised upward following the release of the staffing index, which was more positive than previous data. The decline in the WEI for the week of May 16, relative to this revised number, was driven by decreases in retail sales and consumer confidence and a modest fall in steel production. These releases reversed positive moves seen in all three series in the prior week.
14 October 2025, 11:07

BREAKING: US NFIB small business optimism weakens🗽US500 loses 0.8%

14 October 2025, 10:01

BREAKING: German ZEW Data Weaker Than Expected

14 October 2025, 09:15

What Can We Expect from U.S. Bank Earnings This Quarter?

14 October 2025, 07:00

BREAKING: Higher Unemployment Rate in the UK

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Join over 1.7 Million investors from around the world