SORCE index - Output Prices

The Cleveland Fed’s SORCE survey captures real-time economic conditions in the Fourth District by polling business and community leaders. It delivers faster, ground-level insight than traditional data, feeds directly into the Beige Book and FOMC prep, and gives “Main Street” a voice on monetary policy. Starting January 2025, the publicly released SORCE indexes will provide a new, timely gauge of regional economic activity. Business Conditions measure recent demand by asking firms: How have the prices of your products or services changed in the last two months? Responses are categorized as Increased, No change, or Decreased, providing a clear, near-term signal of economic momentum.

… Read more

The Cleveland Fed’s SORCE survey captures real-time economic conditions in the Fourth District by polling business and community leaders. It delivers faster, ground-level insight than traditional data, feeds directly into the Beige Book and FOMC prep, and gives “Main Street” a voice on monetary policy. Starting January 2025, the publicly released SORCE indexes will provide a new, timely gauge of regional economic activity. Business Conditions measure recent demand by asking firms: How have the prices of your products or services changed in the last two months? Responses are categorized as Increased, No change, or Decreased, providing a clear, near-term signal of economic momentum.