"Figure 19: Comparison of different threshold levels on the three-month on three-month a year ago Services MBS diffusion index","" "Higher thresholds preserve the shape of the series but classify more businesses as having ""no change"" which moderates the series towards the no change value 50, index ","" "","" "Notes","" "Unit","Index" "","" "Period","0% threshold ","5% threshold","10% threshold","20% threshold" "Jan-12","68.33960432","67.70845976","66.81029251","63.55747057" "Feb-12","64.50019248","64.03182343","62.71012447","59.05299628" "Mar-12","59.770735","58.91436278","57.13418746","54.94942684" "Apr-12","58.4173726","57.63076509","56.68280221","54.28936399" "May-12","58.75961668","57.9092995","56.4786071","54.33931705" "Jun-12","56.73787451","56.16015048","54.67553406","53.09015182" "Jul-12","56.14035088","55.76923077","54.33873144","53.08367072" "Aug-12","54.88002157","54.85980049","54.07117822","52.99272041" "Sep-12","54.97536272","54.88639474","53.71612373","52.69641391" "Oct-12","57.30191257","56.69398907","55.29371585","53.57923497" "Nov-12","57.42139228","56.79664973","55.01853632","53.10311685" "Dec-12","58.41018582","57.20578114","55.54714384","53.61321404" "Jan-13","56.80047933","56.38106651","55.1003595","53.56500899" "Feb-13","55.45087483","54.9424256","53.95543592","52.96844624" "Mar-13","54.46452299","54.36486846","53.6606431","53.00956683" "Apr-13","56.02080277","55.87411655","55.20736098","53.63381784" "May-13","57.61973875","57.44161499","56.43884417","54.30135902" "Jun-13","61.24036074","60.0836492","57.96627892","55.43066266" "Jul-13","61.07408859","59.96341304","58.27779956","55.41617666" "Aug-13","60.62565308","59.59378265","57.69331243","55.45323929" "Sep-13","60.53756477","59.78626943","57.74611399","54.98704663" "Oct-13","60.34259019","59.71321049","57.66286011","54.89878017" "Nov-13","60.93038386","60.0325309","57.82693559","54.86662329" "Dec-13","61.96181698","60.93482554","58.40026333","55.45753785" "Jan-14","64.68236974","62.9407566","60.39971449","56.34546752" "Feb-14","65.4479107","63.92386949","61.57698912","56.69004007" "Mar-14","63.63926882","62.81477694","60.37964975","56.53841237" "Apr-14","63.51764379","62.13531537","59.61378161","55.92525702" "May-14","62.51764042","61.50860852","58.8766582","55.47558566" "Jun-14","62.53673524","61.74191825","58.98343575","55.66390596" "Jul-14","62.73060228","61.32664135","59.48182311","55.69723277" "Aug-14","62.08372978","60.84001631","58.46812559","55.32146255" "Sep-14","63.55932203","61.68813559","59.2","55.43050847" "Oct-14","63.35420637","62.2583719","59.58344677","55.64933297" "Nov-14","63.91816067","62.22800055","59.47037088","55.73422745" "Dec-14","63.61835815","61.98606748","59.11760688","55.70960251" "Jan-15","61.84892086","60.34532374","58.10071942","55.50359712" "Feb-15","63.06899513","61.91669052","59.44746636","55.91182365" "Mar-15","63.22009817","62.18677344","60.13304056","56.38078016" "Apr-15","62.81586109","61.71439679","59.5503434","56.14876247" "May-15","61.28088427","60.15604681","58.01690507","55.35110533" "Jun-15","59.95170974","59.14904725","57.04776821","54.41138084" "Jul-15","60.21484375","59.39453125","57.44140625","54.70052083" "Aug-15","61.44774563","59.95569455","57.6426896","54.93223873" "Sep-15","59.82465188","58.68359979","56.89788551","54.26121712" "Oct-15","58.31728918","57.58567578","55.71813631","53.61956103" "Nov-15","60.4091842","58.83145203","57.20241149","54.3932786" "Dec-15","59.24583492","57.96133791","56.73407097","54.34312603" "Jan-16","58.26363998","57.70609319","55.87415372","53.53776716" "Feb-16","58.98995241","58.21655209","56.4846642","53.52326811" "Mar-16","58.39507648","57.48685468","55.86759082","53.69263862" "Apr-16","59.61376994","58.63020271","56.69305506","54.06621087" "May-16","58.8119403","57.88656716","55.94626866","53.74328358" "Jun-16","59.37313076","58.38018902","56.85488695","54.09738007" "Jul-16","57.55387023","56.72324546","54.99578669","53.40676538" "Aug-16","58.17001323","57.55079957","55.89755922","53.8415294" "Sep-16","58.84749012","57.93698335","55.91230382","53.64801725" "Oct-16","59.5888769","58.3662951","56.49047105","54.05130049" "Nov-16","59.44938687","58.58379418","56.75042077","54.17768694" "Dec-16","59.9579074","58.68310283","56.55441972","53.8424534" "Jan-17","62.87548139","61.66880616","58.81899872","55.10911425" "Feb-17","60.00517063","59.42993795","57.4327818","54.62771458" "Mar-17","61.64672766","60.48557354","58.21018062","55.00234577" "Apr-17","58.83080184","57.94183445","56.58777817","53.97386083" "May-17","61.84488837","61.15746181","58.52526439","55.08813161" "Jun-17","61.62177986","60.50936768","58.33723653","54.90046838" "Jul-17","64.3075656","62.85445347","59.70702436","55.59477586" "Aug-17","63.46718328","61.71774099","59.50452037","55.19549137" "Sep-17","60.87288534","59.375","57.50704887","54.79910714" "Oct-17","61.52492669","60.36950147","57.7888563","54.62170088" "Nov-17","61.2709973","60.15505697","57.77046869","54.36391401" "Dec-17","60.0916892","59.17479723","56.99424004","54.26119666" "Jan-18","61.5053499","60.09715902","57.95105153","54.71651703" "Feb-18","59.82769231","58.74461538","57.02153846","54.17230769" "Mar-18","58.08453539","57.68757688","55.99351448","53.71240076" "Apr-18","57.18374677","56.87507015","55.60668986","53.6199349" "May-18","57.56963163","57.62578616","56.29492363","54.12735849" "Jun-18","60.19521553","59.3206951","57.3911081","54.25411871" "Jul-18","60.16223524","59.23839567","57.23298783","54.3262731" "Aug-18","60.18352731","59.22112802","56.96620412","54.03983885" "Sep-18","59.44350759","58.70151771","56.94772344","54.05845981" "Oct-18","60.48123521","59.06119689","57.04947594","54.13050828" "Nov-18","60.69542748","59.38658578","57.17896866","54.15121896" "Dec-18","61.06552771","59.89659436","57.71608407","54.38350006"