EconoMonitor's US macroeconomic series come from the original federal publishers, monthly or quarterly from January 2006 where the publisher's history allows. Only series that are free to reuse are used; no third-party copyrighted series are included.
Sources
- Board of Governors of the Federal Reserve System: bank credit and deposits, commercial and industrial loans, consumer credit, M2, industrial production, Treasury yields, the broad dollar index, and loan delinquency and charge-off rates.
- Federal Reserve Bank of New York: the effective federal funds rate.
- U.S. Bureau of Labor Statistics: consumer prices, unemployment and nonfarm payrolls.
- U.S. Department of the Treasury: federal debt and the monthly federal deficit.
- U.S. Bureau of Economic Analysis: GDP, the personal saving rate and PCE prices are loaded and checked, but are not shown on the site until BEA's reuse terms are confirmed in writing.
Checks for this dataset
- Check A: every value rebuilt from the downloaded source file equals the stored value.
- Check B: Treasury yields from the Federal Reserve's H.15 release equal the monthly average of the Treasury's daily par yields.
- Check B: real GDP growth agrees with growth computed from real GDP levels, within 0.1 percentage points of rounding.
- Check B: total public debt equals debt held by the public plus intragovernmental holdings at every month end.
- Check B: the monthly deficit equals outlays minus receipts in the Monthly Treasury Statement.
- Check B: series that appear more than once in a Federal Reserve release are identical in every copy.
Units and periods
Monthly values are dated at the last day of the month and quarterly values at the last day of the quarter. Daily series, such as federal debt, use the last reading of each completed month; the current month is left out until it ends. Twelve-month inflation rates are calculated from the index published by the agency, using the formula shown for each series.
Series definitions
Bank credit, all commercial banks
Bank credit of all commercial banks in the US, seasonally adjusted, monthly average.
- Unit
- USD
- Frequency
- monthly, seasonally adjusted
- Source
- Federal Reserve Board Data Download Program (H.8), series
B1001NCBAM - Data page
- Bank credit, all commercial banks
Deposits, all commercial banks
Deposits at all commercial banks in the US, seasonally adjusted, monthly average.
- Unit
- USD
- Frequency
- monthly, seasonally adjusted
- Source
- Federal Reserve Board Data Download Program (H.8), series
B1058NCBAM - Data page
- Deposits, all commercial banks
Nominal broad dollar index
Trade-weighted value of the US dollar against a broad group of currencies, monthly average.
- Unit
- index (as published in H.10)
- Frequency
- monthly, not applicable
- Source
- Federal Reserve Board Data Download Program (H.10), series
JRXWTFB_N.M - Data page
- Nominal broad dollar index
Commercial and industrial loans, all commercial banks
Commercial and industrial loans of all commercial banks, seasonally adjusted, monthly average.
- Unit
- USD
- Frequency
- monthly, seasonally adjusted
- Source
- Federal Reserve Board Data Download Program (H.8), series
B1023NCBAM - Data page
- Commercial and industrial loans, all commercial banks
Consumer credit outstanding
Total consumer credit owned and securitized, seasonally adjusted, end of month.
- Unit
- USD
- Frequency
- monthly, seasonally adjusted
- Source
- Federal Reserve Board Data Download Program (G.19), series
DTCTL.M - Data page
- Consumer credit outstanding
Core CPI (all items less food and energy)
CPI-U all items less food and energy, seasonally adjusted.
- Unit
- index (1982-84 = 100)
- Frequency
- monthly, seasonally adjusted
- Source
- Bureau of Labor Statistics Public Data API v1 (CPI), series
CUSR0000SA0L1E - Data page
- Core CPI (all items less food and energy)
Core CPI inflation, 12-month change
Percent change in core CPI-U (not seasonally adjusted) from the same month a year earlier.
- Unit
- percent
- Frequency
- monthly, not seasonally adjusted
- Formula
- (us_core_cpi_nsa / us_core_cpi_nsa 12 months earlier - 1) x 100
- Source
- Bureau of Labor Statistics Public Data API v1 (CPI), series
CUUR0000SA0L1E (Core CPI, not seasonally adjusted); the 12-month rate is derived by EconoMonitor - Data page
- Core CPI inflation, 12-month change
Core CPI, not seasonally adjusted
CPI-U all items less food and energy, not seasonally adjusted.
- Unit
- index (1982-84 = 100)
- Frequency
- monthly, not seasonally adjusted
- Source
- Bureau of Labor Statistics Public Data API v1 (CPI), series
CUUR0000SA0L1E - Data page
- Core CPI, not seasonally adjusted
Consumer price index (CPI-U), all items
CPI for all urban consumers, all items, US city average, seasonally adjusted.
- Unit
- index (1982-84 = 100)
- Frequency
- monthly, seasonally adjusted
- Source
- Bureau of Labor Statistics Public Data API v1 (CPI), series
CUSR0000SA0 - Data page
- Consumer price index (CPI-U), all items
CPI inflation, 12-month change
Percent change in the CPI-U (not seasonally adjusted) from the same month a year earlier.
- Unit
- percent
- Frequency
- monthly, not seasonally adjusted
- Formula
- (us_cpi_nsa / us_cpi_nsa 12 months earlier - 1) x 100
- Source
- Bureau of Labor Statistics Public Data API v1 (CPI), series
CUUR0000SA0 (CPI-U, all items, not seasonally adjusted); the 12-month rate is derived by EconoMonitor - Data page
- CPI inflation, 12-month change
CPI-U, all items, not seasonally adjusted
CPI-U all items, not seasonally adjusted (the basis of the official 12-month change).
- Unit
- index (1982-84 = 100)
- Frequency
- monthly, not seasonally adjusted
- Source
- Bureau of Labor Statistics Public Data API v1 (CPI), series
CUUR0000SA0 - Data page
- CPI-U, all items, not seasonally adjusted
Effective federal funds rate
Monthly average of the daily effective federal funds rate, calculated by the New York Fed and published by the Board in H.15.
- Unit
- percent
- Frequency
- monthly, not applicable
- Source
- New York Fed reference rates (via Board H.15) (H.15), series
RIFSPFF_N.M - Data page
- Effective federal funds rate
Debt held by the public
Federal debt held by the public on the last reported day of the month.
- Unit
- USD
- Frequency
- monthly, not seasonally adjusted
- Source
- U.S. Treasury Fiscal Data and daily Treasury yield curve (Debt to the Penny), series
debt_held_public_amt - Data page
- Debt held by the public
Total public debt outstanding
Total public debt outstanding on the last reported day of the month.
- Unit
- USD
- Frequency
- monthly, not seasonally adjusted
- Source
- U.S. Treasury Fiscal Data and daily Treasury yield curve (Debt to the Penny), series
tot_pub_debt_out_amt - Data page
- Total public debt outstanding
Federal budget deficit (+) or surplus (-), monthly
Outlays minus receipts for the month, as published in the Monthly Treasury Statement. Positive = deficit.
- Unit
- USD
- Frequency
- monthly, not seasonally adjusted
- Source
- U.S. Treasury Fiscal Data and daily Treasury yield curve (Monthly Treasury Statement, Table 1), series
mts - Data page
- Federal budget deficit (+) or surplus (-), monthly
Industrial production index
Industrial production, total index, seasonally adjusted.
- Unit
- index (2017 = 100)
- Frequency
- monthly, seasonally adjusted
- Source
- Federal Reserve Board Data Download Program (G.17), series
IP.B50001.S - Data page
- Industrial production index
Charge-off rate on all loans, all banks
Net charge-offs as an annualized percent of average loans, all US commercial banks, seasonally adjusted.
- Unit
- percent
- Frequency
- quarterly, seasonally adjusted
- Source
- Federal Reserve Board Data Download Program (Charge-off and delinquency rates), series
STFBQC%STFBAIL_MA.Q - Data page
- Charge-off rate on all loans, all banks
Delinquency rate on all loans, all banks
Loans 30+ days past due or in nonaccrual status as a percent of loans, all US commercial banks, end of quarter, seasonally adjusted.
- Unit
- percent
- Frequency
- quarterly, seasonally adjusted
- Source
- Federal Reserve Board Data Download Program (Charge-off and delinquency rates), series
STFBQD%STFBAIL_XEOP_MA.Q - Data page
- Delinquency rate on all loans, all banks
M2 money stock
M2 money stock, seasonally adjusted, monthly average.
- Unit
- USD
- Frequency
- monthly, seasonally adjusted
- Source
- Federal Reserve Board Data Download Program (H.6), series
M2.M - Data page
- M2 money stock
Total nonfarm payroll employment
Total nonfarm payroll employment, seasonally adjusted (published in thousands; stored as persons).
- Unit
- persons
- Frequency
- monthly, seasonally adjusted
- Source
- Bureau of Labor Statistics Public Data API v1 (Employment Situation (CES)), series
CES0000000001 - Data page
- Total nonfarm payroll employment
10-year Treasury yield (constant maturity)
Monthly average of the 10-year Treasury constant maturity yield.
- Unit
- percent
- Frequency
- monthly, not applicable
- Source
- Federal Reserve Board Data Download Program (H.15), series
RIFLGFCY10_N.M - Data page
- 10-year Treasury yield (constant maturity)
10-year minus 2-year Treasury yield spread
Difference between the monthly average 10-year and 2-year Treasury yields. Negative = inverted curve.
- Unit
- percentage points
- Frequency
- monthly, not applicable
- Formula
- us_treasury_10y - us_treasury_2y
- Source
- Federal Reserve Board Data Download Program (H.15), series
RIFLGFCY10_N.M (10-year Treasury yield (constant maturity)), RIFLGFCY02_N.M (2-year Treasury yield (constant maturity)); the spread is derived by EconoMonitor - Data page
- 10-year minus 2-year Treasury yield spread
2-year Treasury yield (constant maturity)
Monthly average of the 2-year Treasury constant maturity yield.
- Unit
- percent
- Frequency
- monthly, not applicable
- Source
- Federal Reserve Board Data Download Program (H.15), series
RIFLGFCY02_N.M - Data page
- 2-year Treasury yield (constant maturity)
3-month Treasury yield (constant maturity)
Monthly average of the 3-month Treasury constant maturity yield.
- Unit
- percent
- Frequency
- monthly, not applicable
- Source
- Federal Reserve Board Data Download Program (H.15), series
RIFLGFCM03_N.M - Data page
- 3-month Treasury yield (constant maturity)
Unemployment rate
Unemployed as a percent of the civilian labor force, seasonally adjusted.
- Unit
- percent
- Frequency
- monthly, seasonally adjusted
- Source
- Bureau of Labor Statistics Public Data API v1 (Employment Situation (CPS)), series
LNS14000000 - Data page
- Unemployment rate
Built from data build 20261026T074019Z, exported 2026-10-26.