Why do they matter?
Economic indicators are vital to personal finance because they influence decisions on spending, saving, and investing. They help you anticipate economic changes and adjust your financial strategies accordingly.
CME FedWatch
What is the likelihood that the Fed will change the Federal target rate at upcoming FOMC meetings, according to interest rate traders?
Purchasing Managers’ Index
PMI provides information about the prevailing direction of economic trends in manufacturing and service sectors.
US PMI July: 54.3
Consumer Confidence Index
CCI measures the overall optimism or pessimism of consumers regarding the state of the economy
US CCI July: 100.3
Consumer Price Index
The average change over time in the prices of a basket of goods and services.
The annual inflation rate for the United States was 2.9% for the 12 months ending July 2024.
Gross Domestic Product
GDP is the broadest measure of economic activity and an important indicator of economic health.
Q1: 1.4%; Q2: 2.8%
Unemployment Rate
The unemployment rate measures the percentage of the labor force that is jobless and actively seeking employment.
The unemployment rate rose to 4.3% in July, 2024
Tim Yuan 