United States
North America Β· USD Β· Economic Health Dashboard
Macro Summary: United States's economy is currently showing a health score of 63/100 (Stable). Inflation stands at 3.0%, placing it in the 48th percentile of its historical range. Real interest rates are classified as Accommodative relative to the past decade. GDP growth has been stable with a 3-year average of 2.7%. The S&P 500 equity index serves as the local market benchmark.
Economic Indicators Past 10 Years
Annual InflationInflationThe rate at which the general level of prices for goods and services is rising, eroding purchasing power.Click for full definition β
Unemployment RateUnemployment RateThe percentage of the labor force that is jobless and actively looking for work.Click for full definition β
GDP Growth RateCAGRCompound Annual Growth Rate β the annualized rate of return over a period, accounting for compounding.Click for full definition β
Real Interest RateMacro Z-ScoreA statistical measurement showing how many standard deviations an economic metric is from its historical average.Click for full definition β
Era Distortion Radar
Normalized comparison of current macro conditions vs. the 10-year average (center = average). A shape larger than the baseline polygon indicates a more distorted environment.
Current vs. Decade Average
S&P 500 Performance vs. Rate Regimes
Growth of $10,000 in the local equity benchmark. Red shaded periods indicate eras when real interest rates were historically elevated (above 0.5 standard deviations).
Real RatesMacro Z-ScoreA statistical measurement showing how many standard deviations an economic metric is from its historical average.Click for full definition β vs. S&P 500 Forward Returns
Scatter plot mapping Real Interest Rate Z-ScoresMacro Z-ScoreA statistical measurement showing how many standard deviations an economic metric is from its historical average.Click for full definition β against the subsequent 12-Month return of the S&P 500.
This highlights historical "sweet spots" and risk environments.
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Frequently Asked Questions
What is United States's current inflation rate?
United States's annual inflation rate is currently 3.0%, which places it in the 48th percentile of its historical range. The 3-year rolling average is 5.0%. The trend is currently decelerating.
How is United States's economy performing right now?
United States's economy has a composite economic health score of 63/100 (Stable). United States's economy is currently showing a health score of 63/100 (Stable). Inflation stands at 3.0%, placing it in the 48th percentile of its historical range. Real interest rates are classified as Accommodative relative to the past decade. GDP growth has been stable with a 3-year average of 2.7%. The S&P 500 equity index serves as the local market benchmark.
What is the United States real interest rate and is it restrictive?
United States's real interest rate is -1.1%. Its Z-Score of -2.09 vs. the past 20 years classifies it as Accommodative. Higher real rates historically suppress equity valuations and slow economic growth.
How does United States GDP growth compare to history?
United States's GDP growth rate is 2.8%, sitting in the 45th percentile relative to its historical data. The current trend is stable, and the 5-year rolling average is 2.4%.
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