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Introduction to the Cleveland Fed Survey of Regional Conditions and Expectations (SORCE) Indexes

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  • Joel Elvery

Abstract

This District Data Brief introduces the Cleveland Fed Survey of Regional Conditions and Expectations (SORCE) indexes, which provide a timely summary of economic conditions in the Fourth Federal Reserve District. The indexes are based on responses to the Cleveland Fed SORCE, a survey of business and community leaders about regional economic conditions.

Suggested Citation

  • Joel Elvery, 2024. "Introduction to the Cleveland Fed Survey of Regional Conditions and Expectations (SORCE) Indexes," Cleveland Fed District Data Brief 99167, Federal Reserve Bank of Cleveland.
    • Handle: RePEc:fip:c00003:99167
    DOI: 10.26509/frbc-ddb-20241125
    Note: SORCE index data available for download at https://doi.org/10.26509/frbc-sorce.
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    File URL: https://www.clevelandfed.org/-/media/project/clevelandfedtenant/clevelandfedsite/publications/cleveland-fed-district-data-briefs/cfddb-20241125-introduction-cleveland-fed-survey-of-regional-conditions-and-expectations/20241125-sorce-introduction-updated.pdf
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    File URL: https://www.clevelandfed.org/-/media/project/clevelandfedtenant/clevelandfedsite/publications/cleveland-fed-district-data-briefs/cfddb-20241125-introduction-cleveland-fed-survey-of-regional-conditions-and-expectations/sorce-introduction-appendix_updated.pdf
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    References listed on IDEAS

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    1. Michelle T. Armesto & Rub…N Hern¡Ndez-Murillo & Michael T. Owyang & Jeremy Piger, 2009. "Measuring the Information Content of the Beige Book: A Mixed Data Sampling Approach," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(1), pages 35-55, February.
    2. Ilias Filippou & Christian Garciga & James Mitchell & My T. Nguyen, 2024. "Regional Economic Sentiment: Constructing Quantitative Estimates from the Beige Book and Testing Their Ability to Forecast Recessions," Economic Commentary, Federal Reserve Bank of Cleveland, vol. 2024(08), pages 1-8, April.
    3. repec:fip:fedcwq:98080 is not listed on IDEAS
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    More about this item

    Keywords

    Economic conditions; Regional economy; Fourth District; Cleveland Fed Survey of Regional Conditions and Expectations (SORCE);
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