US Economic Indicators
Last updated at
2013-06-19 19:22:33
USA Economic Overview
USA is an OECD country, a wealthy, large-sized economy located in North America. USA has a population of 331.39 million people.
In 2012 USA's GDP was USD 15,685 billion. USA's GDP grew at 2.20% in 2012. GDP per capita, in purchasing power-adjusted dollar terms, is USD 49,922.
Inflation in USA, as measured by the change in consumer price index, was 2.10% in 2012, versus 3.20% in 2011. Unemployment in USA in 2012 was 8.10%, versus 8.90% in 2011.
USA's economy is predominantly services-based. Agriculture accounts for 1.18% of GDP and employs 1.60% of the population. Manufacturing and industry accounts for 20.04% of GDP and employs 16.70% of the population. Services accounts for 43.35% of the GDP and employs 34.60% of the population.USA's total exports in n.a. were USD n.a. billion while its total imports were USD n.a. billion.
USA's government revenues are 31.39% of GDP while its government spending is 41.45% of GDP. Thus USA's government runs a surplus of -7.79% of GDP. Net government debt is 80.28% of GDP.
USA's currency is the U.S. Dollar (USD). The latest exchange rate, as of n.a., is n.a. USD per 1 USD.
Production
Detailed topic page: US Growth
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| GDP | 16,004 | Bn USD | Jan-2013 | 0.89% | 0.89% |
| Industrial Production | 98.7 | Index; 2007 = 100 | May-2013 | 0.04% | 0.53% |
| Capacity Utilization | 77.6% | % | May-2013 | -0.10% | -0.20% |
| ISM Manufacturing Index | 49.0 | Index; baseline = 50 | May-2013 | -1.70 | -1.20 |
Labor
Detailed topic page: US Unemployment
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| Population | 316,110 | 1000s | May-2013 | 0.06% | 0.27% |
| Non-Farm Payrolls | 135,637 | 1000s | May-2013 | 0.13% | 0.70% |
| ADP Private Payrolls | 113,399 | 1000s | May-2013 | 0.12% | 0.69% |
| Government Employment | 21,848 | 1000s | May-2013 | -0.01% | -0.12% |
| Minimum Wage | 1,243 | USD / Month | 2010 | n.a. | n.a. |
| Average Hourly Earnings | 23.89 | USD / Hour | May-2013 | 0.04% | 0.59% |
| Average Weekly Hours | 33.8 | Hours | May-2013 | 0.30% | 0.30% |
| Civilian Employment Ratio | 58.6% | % | May-2013 | 0.00% | 0.00% |
| Unemployment Rate | 7.6% | % | May-2013 | 0.10% | -0.20% |
| Initial Jobless Claims | 334 | 1000s | 08-Jun-2013 | -6.44% | -10.22% |
| Continuing Claims | 2,973 | 1000s | 01-Jun-2013 | 0.07% | -6.60% |
| Mean Duration of Unemployment | 36.9 | Weeks | May-2013 | 1.10% | -3.15% |
Manufacturing
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| Durable Goods | 222,714 | Mn USD | Apr-2013 | 3.46% | -2.79% |
| New Orders | 67,513 | Mn USD | Apr-2013 | 1.17% | 6.08% |
| Consumer Orders | 206,668 | Mn USD | Apr-2013 | -1.00% | -0.47% |
| Capital Orders | 83,686 | Mn USD | Apr-2013 | 5.24% | -10.81% |
| ISM Inventories | 20.0 | Index; baseline = 50 | May-2013 | 2.00 | 6.00 |
| ISM Employment | 22.0 | Index; baseline = 50 | May-2013 | -4.00 | 3.00 |
| ISM Production | 26.0 | Index; baseline = 50 | May-2013 | -7.00 | 5.00 |
| New Vehicle Sales | 15,229 | 1000 Units | May-2013 | 2.49% | -0.63% |
Business
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| Retail Sales | 421.15 | Bn USD | May-2013 | 0.55% | 1.57% |
| E-Commerce Sales | 61.17 | Bn USD | Jan-2013 | 2.74% | 2.74% |
| Inventories | 1,657.16 | Bn USD | Apr-2013 | 0.27% | 1.21% |
| Inventory Drawdowns | 48.30 | Bn USD | Jan-2013 | 112.78% | 112.78% |
| Inventory to Sales Ratio | 1.31 | Ratio | Apr-2013 | 0.77% | 1.55% |
| Corporate Profits | 1,737.60 | Bn USD | Jan-2013 | -2.04% | -2.04% |
| Fixed Investment | 2,102.80 | Bn USD | Jan-2013 | 1.47% | 1.47% |
| Corporate Credit (CP) | 1,034.50 | Bn USD | 12-Jun-2013 | -1.27% | -2.92% |
Consumers
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| Personal Consumption Expenditures | 11,394 | Bn USD | Apr-2013 | -0.18% | 1.06% |
| PCE: Durable Goods | 1,278 | Bn USD | Apr-2013 | 0.37% | 0.50% |
| PCE: Non-Durable Goods | 2,570 | Bn USD | Apr-2013 | -1.15% | -0.37% |
| PCE: Services | 7,500 | Bn USD | Jan-2013 | 1.25% | 1.25% |
| Personal Income | 13,675 | Bn USD | Apr-2013 | -0.04% | -3.04% |
| Consumer Credit | 2,820 | Bn USD | Apr-2013 | 0.39% | 1.87% |
| Consumer Debt | 12,800 | Bn USD | Jan-2013 | -0.15% | -0.15% |
| Real Disposable Income per Capita | 32,729 | USD | Apr-2013 | 0.06% | -4.23% |
| Personal Saving Rate | 2.50% | % | Apr-2013 | 0.00% | -4.90% |
| Debt Service to Income Ratio | 10.49% | % | Jan-2013 | 0.17% | 0.17% |
Housing
Detailed topic page: US Housing
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| Housing Starts | 914 | 1000 Units | May-2013 | 6.78% | -7.02% |
| Building Permits | 974 | 1000 Units | May-2013 | -3.08% | 3.29% |
| New Home Sales | 454 | 1000 Units | Apr-2013 | 2.25% | 14.65% |
| Affordability Index | 181.10 | Index; baseline = 100 | Apr-2013 | -9.20 | -17.70 |
| Case-Shiller Index | 165.06 | Index; 2000 = 100 | Mar-2013 | 1.36% | 3.80% |
Inflation
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| CPI | 231.83 | Index; 1983 = 100 | May-2013 | 0.15% | 0.30% |
| Core CPI | 233.27 | Index; 1983 = 100 | May-2013 | 0.17% | 0.75% |
| GDP Deflator | 116.43 | Index; 2005 = 100 | Jan-2013 | 0.29% | 0.29% |
| Core PCE Deflator | 114.66 | Index; 2005 = 100 | Apr-2013 | 0.01% | 0.33% |
| Unit Labor Costs | 109.52 | Index; 2005 = 100 | Jan-2013 | -1.27% | -1.27% |
Surveys
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| Philly Fed Survey | -5.20 | Diffusion Index | May-2013 | -6.50 | -9.80 |
| Empire State Survey | 7.84 | Diffusion Index | Jun-2013 | 9.27 | 15.14 |
Stress Indexes
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| Kansas City Fed Stress Index | -50 | Index; baseline = 0 | Sep-2012 | -0.10 | -0.73 |
| St Louis Fed Stress Index | -45 | Index; baseline = 0 | 07-Jun-2013 | 0.13 | 0.11 |
| Chicago Fed Financial Conditions Index | -44 | Index; baseline = 0 | 14-Jun-2013 | 0.06 | -0.37 |
| CredAbility Consumer Distress Index | 65 | Index; range = 0-100 | Jan-2013 | -10.38 | -10.38 |
| VIX Volatility Index | 16.61 | Implied volatility | 18-Jun-2013 | 1.90% | -7.82% |
Proprietary Indexes
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| ECRI Leading Index | 131.27 | Index | 07-Jun-2013 | 0.20% | 3.90% |
| ECRI Coincident Index | 155.40 | Index | May-2013 | -0.02% | -0.48% |
| ECRI Lagging Index | 174.31 | Index | Apr-2013 | 0.11% | 1.85% |
| US Recession Probability | 0.64 | % | Mar-2013 | 0.52% | 0.50% |
| NBER Recession Indicator | 0 | 0 or 1 | Mar-2013 | 0.00 | 0.00 |
| FRB-NY Coincident Index | 178.95 | Index | Feb-2013 | 0.22% | 0.46% |
| Baltic Dry Index | 962 | Index | 18-Jun-2013 | 18.91% | 37.63% |
| Kospi Index | 1,900.62 | Index | 18-Jun-2013 | -5.02% | -4.83% |
Money Supply
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| Monetary Base | 3,245 | Bn USD | Jun-2013 | 2.29% | 23.25% |
| M1 Money Stock | 2,618 | Bn USD | 03-Jun-2013 | 3.36% | 7.13% |
| M2 Money Stock | 10,579 | Bn USD | 03-Jun-2013 | 0.20% | 0.92% |
| MZM Money Stock | 11,776 | Bn USD | 03-Jun-2013 | 0.39% | 1.47% |
| M1 Money Multiplier | 0.80 | Ratio | May-2013 | -1.85% | -14.21% |
| M2 Velocity | 1.53 | Ratio | Jan-2013 | -0.39% | -0.39% |
Government Bonds
Detailed topic page: US Interest Rates
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| Fed Funds | 0.11% | Interest Rate | May-2013 | -0.04% | -0.05% |
| 3-month T-Bill | 0.05% | Interest Rate | 17-Jun-2013 | 0.01% | 0.00% |
| 2-year Treasury | 0.27% | Interest Rate | 17-Jun-2013 | -0.03% | 0.02% |
| 5-year Treasury | 1.06% | Interest Rate | 17-Jun-2013 | 0.01% | 0.34% |
| 10-year Treasury | 2.19% | Interest Rate | 17-Jun-2013 | 0.03% | 0.41% |
| 30-year Treasury | 3.35% | Interest Rate | 17-Jun-2013 | 0.05% | 0.40% |
Corporate Bonds
Detailed topic page: US Interest Rates
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| 6-month LIBOR | 0.41% | Interest Rate | 11-Jun-2013 | -0.00% | -0.10% |
| Prime Rate | 3.25% | Interest Rate | 17-Jun-2013 | 0.00% | 0.00% |
| Investment Grade Index | 82.08 | Index | 17-Jun-2013 | 3.48% | -13.95% |
| High Yield Index | 104.18 | Index | 17-Jun-2013 | -0.55% | 3.79% |
Stock Markets
Detailed topic page: US Stock Markets
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| S&P 500 | 1,651.81 | Index | 18-Jun-2013 | 1.29% | 15.82% |
| Nasdaq Composite | 3,482.18 | Index | 18-Jun-2013 | 0.76% | 15.32% |
| Wilshire 5000 | 17,421.23 | Index | 18-Jun-2013 | 1.21% | 16.18% |
Foreign Exchange
Detailed topic page: USD Exchange Rates
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| Euro | 0.7485 | EUR per USD | 19-Jun-2013 | -3.05% | -1.00% |
| Japanese Yen | 94.9454 | JPY per USD | 19-Jun-2013 | -6.24% | 10.58% |
| British Pound | 0.6377 | GBP per USD | 19-Jun-2013 | -3.52% | 3.00% |
| Canadian Dollar | 1.0186 | CAD per USD | 19-Jun-2013 | -1.67% | 2.33% |
| Swiss Franc | 0.9222 | CHF per USD | 19-Jun-2013 | -4.21% | 0.98% |
| Indian Rupee | 58.2464 | INR per USD | 19-Jun-2013 | 3.49% | 6.20% |
International Trade
Detailed topic page: US World Trade
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| Dollar Index | 75.06 | Index; 1973 = 100 | 14-Jun-2013 | -2.94% | 2.21% |
| Current Account Balance | -110.42 | Bn USD | Oct-2012 | -1.81% | -6.94% |
| Imports | -677.85 | Bn USD | Oct-2012 | 0.38% | -0.24% |
| Exports | 549.43 | Bn USD | Oct-2012 | -0.19% | 3.04% |
| Trade Balance | -40.29 | Bn USD | Apr-2013 | 8.52% | 5.19% |
Federal Budget
| Name | Level | Units | As Of | 1M Chg | YTD Chg |
|---|---|---|---|---|---|
| Federal Receipts | 2,450.16 | Bn USD | 2012 | 6.37% | 6.37% |
| Federal Outlays | 3,537.13 | Bn USD | 2012 | -1.83% | -1.83% |
| Surplus/Deficit | -1,086.96 | Bn USD | 2012 | -16.36% | -16.36% |
| Surplus/Deficit, % of GDP | -6.93% | % | 2012 | 1.69% | 1.69% |
| Net Debt | 16,796.01 | Bn USD | Jan-2013 | 2.06% | 2.06% |
| Net Debt, % of GDP | 104.95% | % | Jan-2013 | 1.20% | 1.20% |
Tax Rates and Receipts
Detailed topic page: US Taxes
| Name | Level | Units | As Of | 5Y Ago | 10Y Ago |
|---|---|---|---|---|---|
| Individual Rate | 7.2% | % | 2009 | 0.20% | 0.40% |
| Social Insurance Rate | 8.0% | % | 2009 | -0.40% | 0.00% |
| Corporate Rate | 1.5% | % | 2009 | 0.50% | -0.10% |
| Individual Receipts | 7.3% | % of GDP | 2012 | -0.40% | -0.90% |
| Social Insurance Receipts | 5.4% | % of GDP | 2012 | 0.00% | -0.10% |
| Corporate Recipts | 1.6% | % of GDP | 2012 | -0.60% | -0.20% |
Productive Sectors
| Name | Level | Units | As Of | 5Y Ago | 10Y Ago |
|---|---|---|---|---|---|
| Agriculture | 1.18% | % of GDP | 2010 | -0.13% | -0.03% |
| Industry | 20.04% | % of GDP | 2010 | 0.15% | -0.61% |
| Services | 78.78% | % of GDP | 2010 | -0.01% | 0.64% |
| Agricultural Employment | 1.60% | % of Employment | 2010 | 0.00% | 0.00% |
| Industrial Employment | 16.70% | % of Employment | 2010 | -0.20% | -0.10% |
| Service Sector Employment | 81.20% | % of Employment | 2010 | 0.20% | 0.10% |
