The Puget Sound Index of Leading Economic Indicators, which is a composite index of seven leading regional economic indicators, is designed to signal in advance the upturns and downturns in the local economy.
The leading index serves as an independent forecasting gauge for the economy. It tends to lead the regional business cycle, as measured by employment growth, by about three quarters, falling prior to recessions or periods of stagnation and rising prior to recoveries.
We maintain quarterly and monthly versions of the leading index. An article on the quarterly index is included in each newsletter. A report on the monthly index is posted to the web site each month.
Download the Puget Sound Leading Index for the latest quarterly reading.