US ADS Daily Business Conditions Index
US ADS daily business conditions index tracks economic activity from the Philadelphia Fed since 1960.
| Indicator | 19-09-2026 | 18-09-2026 | 17-09-2026 | 16-09-2026 | 15-09-2026 | 14-09-2026 | 13-09-2026 | 12-09-2026 | 11-09-2026 | 10-09-2026 | 09-09-2026 | 08-09-2026 | 07-09-2026 | 06-09-2026 | 05-09-2026 | 04-09-2026 | 03-09-2026 | 02-09-2026 | 01-09-2026 | 31-08-2026 | 30-08-2026 | 29-08-2026 | 28-08-2026 | 27-08-2026 | 26-08-2026 | 25-08-2026 | 24-08-2026 | 23-08-2026 | 22-08-2026 | 21-08-2026 | 20-08-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADS Business Conditions Index | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.02 | -0.02 | -0.03 | -0.04 | -0.04 | -0.05 | -0.05 | -0.06 | -0.06 | -0.07 | -0.07 | -0.08 | -0.08 | -0.09 | -0.09 | -0.1 | -0.1 | -0.1 | -0.11 |
Latest reading
ADS Business Conditions Index stood at −0 Standard deviations in Sep 19, 2026. That is unchanged from Sep 18, 2026 and +0.52 Standard deviations from a year earlier. The series on this page is daily and runs from Mar 1, 1960 to Sep 19, 2026. Source: Philadelphia FED (Aruoba-Diebold-Scotti Business Conditions Index).
- Latest
- −0 Standard deviations
- Sep 19, 2026
- vs previous period
- 0 Standard deviations
- Sep 18, 2026
- vs a year earlier
- +0.52 Standard deviations
Look up any date
Pick a date between Mar 1, 1960 and Sep 19, 2026 to see every series in this table on that day. If there is no reading that day (weekend, holiday, or a weekly release), the last reading before it is shown.
About this data
US ADS daily business conditions index tracks economic activity from the Philadelphia Fed since 1960. It combines mixed-frequency indicators into a single daily measure using a state-space model. Positive values indicate above-average conditions while negative values show below-average economic performance.
Frequently asked questions
- What does the US ADS Daily Business Conditions Index measure?
- The Aruoba-Diebold-Scotti Index measures real business conditions in the United States at a daily frequency by combining indicators of different frequencies into a single scale.
- How often is the US ADS Daily Business Conditions Index published and how far back does it go?
- The index is updated daily by the Federal Reserve Bank of Philadelphia whenever a component indicator is released, with historical data available since 1960.
- How should the values of the US ADS Index be interpreted?
- A value of zero represents average business conditions in the United States, while positive values indicate conditions better than average and negative values denote worse conditions in standard deviations.
- Which data series are included in the Philadelphia Fed ADS index?
- The index mixes weekly initial jobless claims, monthly payroll employment and industrial production, and quarterly real GDP into a single daily estimate for the United States economy.
