Aruoba-Diebold-Scotti Business Conditions (ADS) Index
The below link discusses a new economic forecast index called the Aruoba-Diebold-Scotti Business Conditions (ADS) Index: http://knowledgetoday.wharton.upenn.edu/2009/10/the-economy-right-now.html Here is a chart of the index that can be found on the Philadelphia Fed website at this link: http://www.philadelphiafed.org/research-and-data/real-time-center/business-conditions-index/ From the above Philadelphia Fed link: “The Aruoba-Diebold-Scotti business conditions index is designed to track real business conditions at high …