Macro trend summaries
Current factual readings and changes from selected public-domain macro indicator series.
Descriptive change summary — not a forecast or advice. Mechanical change summary from FRED indicator observations; not a forecast, recommendation, endorsement, or investment judgment. As of: 2026-08-14. See Disclaimer.
| Indicator | Latest | Latest Date | Comparison | Prior Value | Prior Date | Change | Percent Change | Direction | Status | Factual Context | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CPIAUCSL - Consumer Price Index for All Urban Consumers: All Items in U.S. City Average | 332.813 | 2026-07-01 | one year earlier | 322.169 | 2025-07-01 | +10.644 | 3.30% | higher | CPI's 12-month index change is 3.30%. | FRED source | |
| UNRATE - Unemployment Rate | 4.1 | 2026-07-01 | one year earlier | 4.3 | 2025-07-01 | -0.2 | -4.65% | lower | Unemployment rate is lower at 4.1%. | FRED source | |
| FEDFUNDS - Federal Funds Effective Rate | 3.63 | 2026-07-01 | one year earlier | 4.33 | 2025-07-01 | -0.7 | -16.17% | lower | The latest reading is lower versus the comparison point. | FRED source | |
| T10Y2Y - 10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity | 0.51 | 2026-08-14 | previous observation | 0.48 | 2026-08-13 | +0.03 | 6.25% | higher | nonnegative spread (not inverted) | The 10-year minus 2-year spread is nonnegative spread (not inverted) at 0.51 percentage points. | FRED source |
| GDPC1 - Real Gross Domestic Product | 24,270.599 | 2026-04-01 | four quarters earlier | 23,770.976 | 2025-04-01 | +499.623 | 2.10% | higher | The latest reading is higher versus the comparison point. | FRED source | |
| RSAFS - Advance Retail Sales: Retail Trade | 763,602 | 2026-07-01 | one year earlier | 727,176 | 2025-07-01 | +36,426 | 5.01% | higher | The latest reading is higher versus the comparison point. | FRED source | |
| PAYEMS - All Employees, Total Nonfarm | 158,858 | 2026-07-01 | one year earlier | 158,542 | 2025-07-01 | +316 | 0.20% | higher | The latest reading is higher versus the comparison point. | FRED source | |
| HOUST - New Privately-Owned Housing Units Started: Total Units | 1,427 | 2026-06-01 | one year earlier | 1,379 | 2025-06-01 | +48 | 3.48% | higher | The latest reading is higher versus the comparison point. | FRED source |