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United States

Headline economic indicators for United States, with the most recent official readings.

Prices

Prices — United States
Indicator Value Change
Inflation rate · 2.9% -1.17 (-28.3%)
Consumer price index · 143.9 +4.12 (+2.9%)
Inflation rate (monthly) · 3.7% +0.34 (+10.0%)
Consumer price index (monthly) · 336.9 +1.96 (+0.6%)
Core consumer price index (monthly) · 339.3 +1.25 (+0.4%)
Core inflation rate (monthly) · 2.6% +0.12 (+4.8%)
House price index (quarterly) · 236.2 +1.20 (+0.5%)
House price inflation, year on year (quarterly) · 1.2% +0.48 (+71.7%)
Real house price index (quarterly) · 154.2 -2.32 (-1.5%)
Real house price growth, year on year (quarterly) · -2.6% -0.64 (-32.9%)
Gasoline price, regular (monthly) · 4.310 -0.05 (-1.0%)
Diesel price (monthly) · 6.252 -0.04 (-0.6%)
PCE inflation rate, year on year (monthly) · 3.6% +0.20 (+5.9%)
Core PCE inflation rate, year on year (monthly) · 3.1% +0.10 (+3.3%)
GDP deflator inflation · 2.8% +0.32 (+12.8%)

GDP

GDP — United States
Indicator Value Change
GDP growth rate · 2.2% -0.63 (-22.6%)
GDP per capita · 90,026.52 +3,857 (+4.5%)
GDP growth, year on year (quarterly) · 2.1% -0.10 (-4.5%)
GDP per capita, long-run history · 58,487 +964.76 (+1.7%)
Crude oil production (monthly) · 13,965 +19.00 (+0.1%)
GDP growth, quarterly, annualised · 3.4% +1.20 (+54.5%)
Personal income, annual rate (monthly) · 27,707,845 +54,473 (+0.2%)
GDP · 30,769,700,000,000 +1,471,687,000,000 (+5.0%)
GDP, PPP · 30,769,700,000,000 +1,471,687,000,000 (+5.0%)
GDP per capita, PPP · 90,027 +3,857 (+4.5%)
GDP per capita growth · 1.6% -0.18 (-10.0%)
GNI per capita · 88,810 +5,900 (+7.1%)
Agriculture to GDP · 0.9% +0.01 (+0.9%)
Industry to GDP · 17.6% +0.32 (+1.9%)
Manufacturing to GDP · 10.5% +0.05 (+0.5%)
Services to GDP · 76.3% -0.73 (-0.9%)
Household consumption to GDP · 67.9% +0.19 (+0.3%)
Gross capital formation to GDP · 21.5% -0.04 (-0.2%)
Gross savings to GDP · 16.6% -0.51 (-3.0%)

Labour

Labour — United States
Indicator Value Change
Unemployment rate · 4.2% +0.18 (+4.4%)
Unemployment rate (monthly) · 4.2% +0.10 (+2.4%)
Nonfarm payrolls · 159,044 +29.00 (+0.0%)
Labour force participation rate (monthly) · 61.8% +0.20 (+0.3%)
Average hourly earnings (monthly) · 37.81 +0.05 (+0.1%)
Job openings (monthly) · 7,079 -256.00 (-3.5%)
Labour force participation rate · 61.7% -0.26 (-0.4%)
Female labour force participation rate · 56.3% -0.22 (-0.4%)
Youth unemployment rate · 9.3% +0.42 (+4.7%)
Employment to population ratio · 59.1% -0.35 (-0.6%)
Employment in agriculture · 1.5% -0.04 (-2.8%)
Employment in industry · 18.9% -0.13 (-0.7%)
Employment in services · 79.6% +0.18 (+0.2%)

Money

Money — United States
Indicator Value Change
Real interest rate · -1.3% -3.43 (-157.9%)
Central bank policy rate · 3.9% +0.25 (+6.9%)
Real effective exchange rate (monthly) · 107.1 +0.43 (+0.4%)
Nominal effective exchange rate (monthly) · 101.9 +0.15 (+0.1%)
Private sector credit to GDP (quarterly) · 139.7% -0.53 (-0.4%)
Credit-to-GDP gap (quarterly) · -11.32 pp +0.27 (+2.3%)
Debt service ratio, private sector (quarterly) · 13.8% -0.10 (-0.7%)
Debt service ratio, households (quarterly) · 8.0% +0.00 (+0.0%)
Debt service ratio, non-financial corporations (quarterly) · 36.9% +0.00 (+0.0%)
Personal saving rate (monthly) · 3.8% -0.20 (-5.0%)
Broad money to GDP · 99.7% +0.96 (+1.0%)
Private sector credit to GDP · 201.3% +5.39 (+2.8%)
Lending rate · 3.3% -0.29 (-8.3%)
Stock market capitalization to GDP · 224.0% +11.79 (+5.6%)
Bank nonperforming loans · 1.0% -0.01 (-1.3%)
Official exchange rate · 1 +0.00 (+0.0%)

Trade

Trade — United States
Indicator Value Change
Current account to GDP · -3.8% +0.27 (+6.5%)
Exports to GDP · 11.0% -0.08 (-0.7%)
Current account balance (quarterly) · -246,023 -33,426 (-15.7%)
Trade balance, goods and services (quarterly) · -199,817 -40,991 (-25.8%)
Imports to GDP · 14.0% +0.16 (+1.2%)
Trade to GDP · 25.0% +0.09 (+0.3%)
Exports of goods and services · 3,215,368,000,000 +142,008,000,000 (+4.6%)
Imports of goods and services · 4,113,828,000,000 +253,972,000,000 (+6.6%)
Trade balance, goods and services (annual) · -931,962,000,000 -46,487,000,000 (-5.2%)
Current account balance (annual) · -1,177,068,000,000 +21,560,000,000 (+1.8%)
Foreign direct investment to GDP · 1.0% +0.15 (+17.6%)
Remittances received to GDP · 0.0% -0.00 (-1.4%)
Total reserves, including gold · 1,385,447,111,476.7 +475,410,564,825 (+52.2%)
Reserves in months of imports · 2.8 +0.86 (+44.6%)

Government

Government — United States
Indicator Value Change
Government debt to GDP · 115.8% +1.05 (+0.9%)
Government revenue to GDP · 17.8% +0.29 (+1.7%)
Government expense to GDP · 24.4% -0.18 (-0.7%)
Tax revenue to GDP · 10.8% +0.15 (+1.4%)
Government budget balance to GDP · -7.2% +0.07 (+0.9%)
Government consumption to GDP · 13.6% +0.08 (+0.6%)
Education spending to GDP · 5.4% +0.03 (+0.5%)
Health spending to GDP · 16.7% +0.17 (+1.0%)

Demography

Demography — United States
Indicator Value Change
Population · 341,784,857 +1,781,060 (+0.5%)
Population, long-run history · 333,288 +1,256 (+0.4%)
Population growth · 0.5% -0.44 (-45.6%)
Life expectancy · 78.9 +0.50 (+0.6%)
Fertility rate · 1.63 +0.01 (+0.6%)
Birth rate · 10.6 -0.10 (-0.9%)
Death rate · 9.0 -0.20 (-2.2%)
Urban population share · 80.2% +0.07 (+0.1%)
Population aged 65 and over · 18.4% +0.46 (+2.6%)
Under-five mortality rate · 6.5 +0.00 (+0.0%)
Population density · 37.2 +0.36 (+1.0%)
Net migration · 1,230,663 -55,469 (-4.3%)
Gini index · 41.8 +0.00 (+0.0%)

Source: Bank for International Settlements (BIS). Translated titles are not official BIS translations.

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

This product uses the Bureau of Economic Analysis (BEA) Data API but is not endorsed or certified by BEA. Source: U.S. Bureau of Economic Analysis. PCE inflation rates are calculated by ChartBasis from BEA price indexes.

Source: U.S. Bureau of Labor Statistics

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

United States

Economies nearby

Comparable readings from neighbouring economies.