πŸ‡ΊπŸ‡Έ

United States

North America Β· USD Β· Economic Health Dashboard

63
/ 100
Stable

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.

Annual Inflation
3.0%
48th pctile
GDP Growth
2.8%
Stable
Real Interest Rate
-1.1%
Accommodative
10Y Bond Yield
4.35%
-0.0% YoY

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†’

3.0%-1.2% YoY
48th pctile
Decelerating3Y avg: 5.0%
Historical MinCurrent = 48th pctileHistorical Max

Unemployment RateUnemployment RateThe percentage of the labor force that is jobless and actively looking for work.Click for full definition β†’

4.3%+0.3% YoY
18th pctile
Accelerating3Y avg: 4.0%
Historical MinCurrent = 18th pctileHistorical Max

GDP Growth RateCAGRCompound Annual Growth Rate β€” the annualized rate of return over a period, accounting for compounding.Click for full definition β†’

2.8%-0.1% YoY
45th pctile
Stable3Y avg: 2.7%
Historical MinCurrent = 45th pctileHistorical Max

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†’

-1.1%-3.9% YoY
3th pctile
Decelerating3Y avg: 1.8%
Historical MinCurrent = 3th pctileHistorical Max

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.

Inflationβ‰ˆ Near Average
GDP Growthβ‰ˆ Near Average
Interest Ratesβ–Ό Below Average
Market Volatilityβ‰ˆ Near Average

Current vs. Decade Average

InflationNormal
GDP GrowthNormal
Interest RatesHigh Distortion
Market VolatilityNormal

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.

Unlock 40 Years of Market History

StressTest Pro Interactive Lab

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%.

See how these macro conditions stress test your portfolio

Stress Test Your Portfolio