United States Weekly Economic IndexUnited States Weekly Economic IndexUnited States Weekly Economic Index

United States Weekly Economic Index

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Key data points

Last release
Observation period
May 4, 2024
Next release
Forecast
Highest
10.27% on May 1, 2021
Lowest
−8.10% on May 2, 2020

About United States Weekly Economic Index

Category
GDP
Frequency
Weekly
Units
%
The Weekly Economic Index is an index of real economic activity using timely and relevant high-frequency data. It represents the common component of ten different daily and weekly series covering consumer behavior, the labor market, and production. The WEI is scaled to the four-quarter GDP growth rate; for example, if the WEI reads -2 percent and the current level of the WEI persists for an entire quarter, we would expect, on average, GDP that quarter to be 2 percent lower than a year previously.