NY FED Weekly Economic Index (WEI): Further declines

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 -11.84 percent, scaled to four-quarter GDP growth, for the week ending May 2 and -10.90 percent for April 25; for reference, the WEI stood at 1.58 percent for the week ending February 29.

Today’s decline in the WEI for the week of May 2 is driven by decreases in steel production and retail sales, as well as a small drop in consumer confidence. The upward revision of the WEI for the week of April 25 is a result of the decline in this morning’s staffing index release being less negative than previously available data.

19 August 2026, 7:14 PM

Daily Summary: Bessent Shakes the Market – Dollar Down Sharply, Gold Up 3.5% (19.08.2026)

19 August 2026, 6:39 PM

Dollar weakens by 0.8%

19 August 2026, 4:35 PM

US Open: Market Tries to Regain Ground, Moderna Up 140% (19.08.2026)

19 August 2026, 11:46 AM

Market wrap: European equities try to halt the decline 🚩 Heidelberger falls 5% after earnings

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