The Federal Reserve Bank of Philadelphia produces a state-level coincident index combining four indicators: nonfarm payroll employment, average hours worked in manufacturing, the unemployment rate, and wage and salary disbursements deflated by the consumer price index (U.S. city average). This index has been around since 1979.

And since 1979 (thanks to Calculated Risk for pointing out), throughout four recessions, there was a never a moment when indexes for consecutive months were negative for all 50 states… until now.

Number of states with positive growth

Number of states with positive growth

Recession is widespread, no state is spared:

Red states

Red states

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