d0e2a440_omics_easy_enough_for_everyone__Basic_Definition
[Statistic] Diffusion Indexes [Monthly Change] 1-month index: rose 4.2 this month to 59.8� 3-month index: dropped 5.1 this month to 60.3 � 6-month index: dropped 0.6 this month to 67.3 � 12-month index: rose 0.8 this month to 70.5 Neutral [Comments] These numbers suggest that the gains in employment were about as widespread this month as they were last month. Fortunately, they are still somewhat widespread (average across all time points is about 64.5, which means gains are nearly twice as prevalent as losses. [Basic Definition] 
Degree to which gains in employment were widespread. The further above 50, the wider spread gains are. The further below 50, the wider spread losses are. (1-month means we are comparing current jobs to 1 month ago, for example)
Employment Report – May Continued Modest Growth in Jobs - - Easynomics: Economics easy enough for everyone
Basic Definition