Federal Reserve Economic Data: Your trusted data source since 1991

The FRED® Blog

Posts tagged with: "FRBKCLMCILA"

View this series on FRED

The KC Fed’s labor market index in FRED

FRED has just added two labor market indicators from the Kansas City Fed. They’re computed from a collection of 24 times series related to the labor market. Two principal components, which are extracted from this data set using factor analysis, are displayed in the graph above: They describe about 80% of what is happening in the labor market. When both components are above zero, the labor market is looking good. When both are below, there is definite cause for concern.

How this graph was created: Search for the Kansas City Fed (through source or release), select the two series, and add them to a graph.

Suggested by Christian Zimmermann.

View on FRED, series used in this post: FRBKCLMCILA, FRBKCLMCIM


Subscribe to the FRED newsletter


Follow us

Back to Top