Monday, 29 October 2012

St. Louis Financial Stress Index falls to lowest level since May 2011

The St. Louis Financial Stress Index (FSI) fell to the lowest level since May 2011 on a four week moving average basis according to data released by the Federal Reserve Bank of St. Louis on Friday. The four week moving average value of the index for the period ending Friday 26 October ended on
-0.203.


Higher values of the FSI indicate a greater degree of financial stress in the economy, which means the current figure indicate a relatively low degree of financial stress and the lowest since May 2011. The average index value on a four week moving average basis since 1993 is zero, with a median of
-0.202, a max of 5.333 (Dec 2008) and a minimum value of -1.288 (Feb 2007). The current reading still indicates more financial stress in the economy than during the periods 1994 to 1998 and 2004 to 2007.
 


 
 


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