U.S. Economic Dashboard
The Omega Squared’s economic dashboard is a one-stop overview of key economic data for the US economy — including economic growth, inflation, unemployment, interest rates, profits. Last Updated On: 2022-01-29
Economic Growth
Real GDP Growth
While supply chain issues may persist well into 2022, recent data has shown economic momentum recover in the fourth quarter. Most recently, December manufacturing ISM PMIs showed factory activity continued to expand, albeit at the slowest pace since January as continued supply chain disruptions hampered production.
Growth Rate
Change in real GDP annualized and GDP-Now
GDP-Now is the forecast tool used by Federal Reserve.
Omega's Coincident Index
Weighted index of coincident indicators
ISM PMI Composite Index
Manufacturing Index
Inflation
The Federal Reserve typically targets an annual rate of inflation for the U.S., believing that a slowly increasing price level keeps businesses profitable and prevents consumers from waiting for lower prices before making purchases. There are some, in fact, who believe that the primary function of inflation is to prevent deflation.
PCE Inflation
Personal Consumption Expenditures YoY Change
Personal Consumption Expenditures is the Federal Reserve’s preferred method for measuring inflation.
Core Inflation
Trimmed Mean PCE Inflation Rate
Trimmed Mean PCE Inflation Rate is Omega's prefered method for measuring core infaltion, removing noise in the inflation data.
Inflation Expectations
10-Year Breakeven Inflation Rate
The breakeven inflation rate represents a measure of expected inflation derived from 10-Year Treasury and 10-Year Treasury Inflation-Indexed.
Labor Market
The labor market, also known as the job market, refers to the supply of and demand for labor, in which employees provide the supply and employers provide the demand. It is a major component of any economy and is intricately linked to markets for capital, goods, and services.
Unemployment Rate
Unemployment Rate
The unemployment rate represents the number of unemployed as a percentage of the labor force.
Labor Force Participation Rate
Labor Force Participation Rate
Current Population Survey (Household Survey), measures the percent of the population that are in the work force.
Initial Claims
Unemployment Insurance Initial Claims
An initial claim is a claim filed by an unemployed individual after a separation from an employer.
Interest Rates
Treasury yield is the return on investment, expressed as a percentage, on the U.S. government's debt obligations. Looked at another way, the Treasury yield is the effective interest rate that the U.S. government pays to borrow money for different lengths of time.
Treasury yields don't just influence how much the government pays to borrow and how much investors earn by buying government bonds. They also influence the interest rates that individuals and businesses pay to borrow money to buy real estate, vehicles, and equipment. Treasury yields also tell us how investors feel about the economy.
2-Year Treasury Yield
U.S. Treasury Securities at 2-Year Constant Maturity
10-Year Treasury Yield
U.S. Treasury Securities at 10-Year Constant Maturity
Yield Curve
10-Year Less 2-Year Tresury Spread
Profits
S&P 500 Index Profits
The profits cycle is a key factor behind the cyclical performance of equity prices and provides the basis for tactical asset allocation. In addition, within the equity market, different sectors perform better or worse relative to other sectors and the overall market according to the comparative advantages and disadvantages reflected in relative earnings growth during the various phases of the business cycle.
Profits growth is the result of revenue growth and/or margin expansion, where the margin is the share of revenues left over after a company covers its expenses.