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Monitoring the Economy: Survey of Fourth District Manufacturers

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Monitoring changes in regional manufacturing activity is one means of analyzing current business-cycle conditions. Since 1965, the Federal Reserve Bank of Cleveland has been surveying manufacturing firms within the Fourth Federal Reserve District on a monthly basis to ascertain basic conditions of production activity. This article describes the survey and the cyclical properties of the indexes derived from the survey and provides a statistical analysis of the performance of the index over the last ten years.

Suggested citation: Schnorbus, Robert H. “Monitoring the Economy: Survey of Fourth District Manufacturers,” Federal Reserve Bank of Cleveland, Economic Review, vol. 16, no. 3, pp. 07-19, 07.01.1980.

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