Economic Indicators
High-quality economic data presented better than anywhere else
37
Total Indicators
22
Used in FISES
15
Supplementary
FRED Indicators by Category
FISES indicators are used in calculating the Futures Intel Simple Economic Score (0-100). Supplementary indicators provide additional market context but don't affect the score.
Click on indicators with dedicated pages to explore historical charts and detailed analysis.
Growth & Activity
4 used in FISES • 7 total
Real GDP Growth Rate
Quarterly percent change in real GDP
FISES
Industrial Production Index
Manufacturing and mining output
FISES
Retail Sales
Total retail and food services sales
FISES
Business Applications
New business formation activity
FISES
Real Gross Domestic Product
Total economic output in constant 2017 dollars
Capacity Utilization
Percentage of industrial capacity in use
Corporate Profits After Tax
After-tax corporate profits (NIPA) — earnings cycle proxy
Labor Market
3 used in FISES • 5 total
Unemployment Rate
Percentage of labor force unemployed
FISES
Initial Jobless Claims
New unemployment insurance claims
FISES
Continuing Claims
Ongoing unemployment insurance claims
FISES
Labor Force Participation Rate
Percentage of population in labor force
Sahm Rule (Current)
Recession signal: unemployment rate increase from its 12-month low
Inflation
2 used in FISES • 4 total
Consumer Credit Stress
3 used in FISES • 3 total
Business Credit Stress
2 used in FISES • 2 total
Financial Conditions
4 used in FISES • 6 total
High Yield Spread
Junk bond spread over Treasury
FISES
Financial Conditions Index
Chicago Fed financial conditions
FISES
10Y-2Y Treasury Spread
Yield curve slope (inverted = recession risk)
FISES
M2 Money Supply
Broad money supply measure
FISES
Commercial Bank Deposits
Deposits, all commercial banks (H.8) — liquidity/credit regime gauge
Bank Credit
Bank credit, all commercial banks (H.8) — credit creation/tightening gauge
Interest Rates
3 total
Housing & Sentiment
4 used in FISES • 4 total
Consumer
1 indicator
Personal Savings Rate
Percentage of disposable income saved
Commodities
1 indicator
Crude Oil (WTI)
West Texas Intermediate oil price
Market Indices
1 indicator
S&P 500 Index
Broad U.S. stock market benchmark
FRED — Federal Reserve Economic Data
3 total
BEA — Bureau of Economic Analysis
3 total
BLS — Bureau of Labor Statistics
4 total
Employment Cost Index (ECI)
Best wage inflation series; key input into the Fed reaction function.
BLS
Unit Labor Costs
Margin pressure + inflation persistence indicator.
BLS
CPI Shelter (Housing)
Shelter component proxy; a key inflation persistence lens.
BLS
CPI Services ex-Shelter
Services less rent of shelter; 'supercore' style inflation persistence gauge.
BLS
Census — U.S. Census Bureau
2 total
Economic data provided by FRED (Federal Reserve Economic Data). This information is for educational purposes only and should not be considered financial advice.
