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Description

This list represents set of data that are highlighted by the National Bureau of Economic Research (NBER) as the indicators for consideration of business cycle turning points. More information is provided at https://www.nber.org/research/business-cycle-dating
The data on this page will automatically update with latest data as they become available on FRED.

All Employees, Total Nonfarm

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FRED Graph

All Employees, Total Nonfarm

Change, Thousands of Persons
Date
Value
Feb 2025151.000
Jan 2025125.000
Dec 2024323.000
Nov 2024261.000
Oct 202444.000
Sep 2024240.000
Aug 202471.000
Jul 202488.000
Jun 202487.000
May 2024193.000
Apr 2024118.000
Mar 2024246.000
Feb 2024222.000
Jan 2024119.000
Dec 2023269.000
Nov 2023141.000
Oct 2023186.000
Sep 2023158.000
Aug 2023157.000
Jul 2023148.000
Jun 2023257.000
May 2023227.000
Apr 2023216.000
Mar 202385.000
Feb 2023306.000
Jan 2023444.000
Dec 2022126.000
Nov 2022297.000
Oct 2022400.000
Sep 2022227.000
Aug 2022237.000
Jul 2022696.000
Jun 2022461.000
May 2022241.000
Apr 2022305.000
Mar 2022471.000
Feb 2022869.000
Jan 2022225.000
Dec 2021575.000
Nov 2021637.000
Oct 2021857.000
Sep 2021466.000
Aug 2021487.000
Jul 2021931.000
Jun 2021796.000
May 2021421.000
Apr 2021365.000
Mar 2021824.000
Feb 2021509.000
Jan 2021365.000
Dec 2020-183.000
Nov 2020270.000
Oct 2020691.000
Sep 2020951.000
Aug 20201564.000
Jul 20201584.000
Jun 20204631.000
May 20202616.000
Apr 2020-20471.000
Mar 2020-1397.000
Feb 2020261.000
Jan 2020236.000
Dec 2019127.000
Nov 2019208.000
Oct 201995.000
Sep 2019194.000
Aug 2019235.000
Jul 201997.000
Jun 2019218.000
May 201928.000
Apr 2019298.000
Mar 2019230.000
Feb 20196.000
Jan 2019250.000
Dec 2018192.000
Nov 201891.000
Oct 2018168.000
Sep 201879.000
Aug 2018259.000
Jul 201861.000
Jun 2018219.000
May 2018318.000
Apr 2018142.000
Mar 2018226.000
Feb 2018394.000
Jan 2018137.000
Dec 2017150.000
Nov 2017223.000
Oct 2017143.000
Sep 201788.000
Aug 2017147.000
Jul 2017189.000
Jun 2017203.000
May 2017206.000
Apr 2017205.000
Mar 2017121.000
Feb 2017220.000
Jan 2017220.000
Dec 2016225.000
Nov 2016117.000

Employment Level

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FRED Graph

Employment Level

Change, Thousands of Persons
Date
Value
Feb 2025-588.000
Jan 20252234.000
Dec 2024478.000
Nov 2024-273.000
Oct 2024-346.000
Sep 2024377.000
Aug 2024206.000
Jul 202464.000
Jun 2024-9.000
May 2024-331.000
Apr 202470.000
Mar 2024412.000
Feb 2024-177.000
Jan 202466.000
Dec 2023-762.000
Nov 2023675.000
Oct 2023-231.000
Sep 2023-33.000
Aug 2023292.000
Jul 2023204.000
Jun 2023183.000
May 2023-178.000
Apr 2023162.000
Mar 2023417.000
Feb 2023178.000
Jan 2023958.000
Dec 2022752.000
Nov 2022-177.000
Oct 2022-126.000
Sep 202275.000
Aug 2022477.000
Jul 2022164.000
Jun 2022-284.000
May 2022487.000
Apr 2022-315.000
Mar 2022608.000
Feb 2022483.000
Jan 20221016.000
Dec 2021569.000
Nov 20211055.000
Oct 2021632.000
Sep 2021593.000
Aug 2021477.000
Jul 20211039.000
Jun 2021199.000
May 2021454.000
Apr 2021437.000
Mar 2021455.000
Feb 2021337.000
Jan 2021-123.000
Dec 202041.000
Nov 20203.000
Oct 20202311.000
Sep 2020375.000
Aug 20203466.000
Jul 20201437.000
Jun 20205169.000
May 20203988.000
Apr 2020-22168.000
Mar 2020-3361.000
Feb 2020206.000
Jan 2020-337.000
Dec 2019216.000
Nov 201984.000
Oct 2019206.000
Sep 2019510.000
Aug 2019300.000
Jul 2019297.000
Jun 2019411.000
May 2019196.000
Apr 2019-76.000
Mar 2019-162.000
Feb 2019376.000
Jan 2019-330.000
Dec 201896.000
Nov 2018330.000
Oct 2018376.000
Sep 2018511.000
Aug 2018-642.000
Jul 2018384.000
Jun 2018110.000
May 2018340.000
Apr 201898.000
Mar 201817.000
Feb 2018772.000
Jan 2018521.000
Dec 201799.000
Nov 2017196.000
Oct 2017-677.000
Sep 2017783.000
Aug 2017-66.000
Jul 2017251.000
Jun 2017249.000
May 2017-186.000
Apr 2017190.000
Mar 2017585.000
Feb 2017328.000
Jan 2017-5.000
Dec 2016203.000
Nov 2016161.000

Industrial Production: Total Index

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FRED Graph

Industrial Production: Total Index

Percent Change from Year Ago
Date
Value
Feb 20251.440
Jan 20251.923
Dec 20240.521
Nov 2024-0.839
Oct 2024-0.303
Sep 2024-0.690
Aug 2024-0.073
Jul 2024-0.537
Jun 20240.852
May 2024-0.001
Apr 2024-0.840
Mar 2024-0.288
Feb 2024-0.072
Jan 2024-1.231
Dec 20230.790
Nov 2023-0.212
Oct 2023-0.837
Sep 2023-0.217
Aug 2023-0.073
Jul 20230.021
Jun 2023-0.429
May 20230.015
Apr 20230.313
Mar 20230.137
Feb 20230.937
Jan 20231.515
Dec 20220.624
Nov 20221.814
Oct 20223.079
Sep 20224.583
Aug 20223.128
Jul 20222.982
Jun 20223.185
May 20223.810
Apr 20224.648
Mar 20224.563
Feb 20226.637
Jan 20222.430
Dec 20213.046
Nov 20214.451
Oct 20213.966
Sep 20213.237
Aug 20214.286
Jul 20215.329
Jun 20218.698
May 202115.319
Apr 202116.120
Mar 20210.601
Feb 2021-6.063
Jan 2021-2.490
Dec 2020-3.667
Nov 2020-5.087
Oct 2020-4.983
Sep 2020-6.411
Aug 2020-6.667
Jul 2020-6.864
Jun 2020-10.599
May 2020-16.020
Apr 2020-17.202
Mar 2020-5.086
Feb 2020-1.122
Jan 2020-1.957
Dec 2019-2.021
Nov 2019-1.791
Oct 2019-2.253
Sep 2019-1.579
Aug 2019-1.227
Jul 2019-1.307
Jun 2019-0.662
May 20190.036
Apr 2019-1.045
Mar 20190.628
Feb 20191.075
Jan 20191.847
Dec 20182.521
Nov 20182.729
Oct 20182.912
Sep 20184.367
Aug 20184.443
Jul 20183.267
Jun 20182.879
May 20182.250
Apr 20183.312
Mar 20183.175
Feb 20183.349
Jan 20182.701
Dec 20172.470
Nov 20172.954
Oct 20172.295
Sep 20171.108
Aug 20170.901
Jul 20171.256
Jun 20171.626
May 20171.906
Apr 20171.588
Mar 20170.902
Feb 2017-0.493
Jan 2017-0.627
Dec 20160.094
Nov 2016-1.098

Real Manufacturing and Trade Industries Sales

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FRED Graph

Real Manufacturing and Trade Industries Sales

Percent Change from Year Ago
Date
Value
Dec 20242.522
Nov 20242.634
Oct 20242.909
Sep 20243.112
Aug 20242.920
Jul 20242.730
Jun 20242.962
May 20242.199
Apr 20242.517
Mar 20242.670
Feb 20241.943
Jan 20240.738
Dec 20233.106
Nov 20233.352
Oct 20231.702
Sep 20232.003
Aug 20231.160
Jul 20232.650
Jun 20232.181
May 20232.095
Apr 2023-0.248
Mar 2023-0.226
Feb 20230.211
Jan 20230.193
Dec 20220.215
Nov 2022-0.965
Oct 20220.280
Sep 20220.575
Aug 20221.237
Jul 2022-0.696
Jun 2022-0.879
May 2022-0.294
Apr 2022-0.985
Mar 2022-0.904
Feb 20223.054
Jan 20220.796
Dec 20211.504
Nov 20212.538
Oct 20212.236
Sep 20212.463
Aug 20212.537
Jul 20213.438
Jun 20215.893
May 202113.689
Apr 202125.314
Mar 202111.176
Feb 20212.677
Jan 20216.246
Dec 20203.983
Nov 20202.678
Oct 20203.196
Sep 20201.187
Aug 20200.433
Jul 20200.433
Jun 2020-2.125
May 2020-8.946
Apr 2020-15.127
Mar 2020-5.066
Feb 2020-0.959
Jan 2020-1.579
Dec 2019-1.251
Nov 2019-1.055
Oct 2019-1.239
Sep 2019-0.438
Aug 2019-0.153
Jul 20190.071
Jun 20190.231
May 2019-0.356
Apr 2019-0.233
Mar 20190.542
Feb 20190.543
Jan 20191.239
Dec 2018-0.300
Nov 20180.582
Oct 20181.000
Sep 20181.901
Aug 20182.431
Jul 20182.502
Jun 20182.685
May 20183.509
Apr 20183.160
Mar 20182.786
Feb 20182.798
Jan 20182.123
Dec 20173.770
Nov 20174.346
Oct 20173.612
Sep 20173.154
Aug 20172.802
Jul 20173.012
Jun 20172.517
May 20172.791
Apr 20171.802
Mar 20172.068
Feb 20172.323
Jan 20173.306
Dec 20163.090
Nov 20161.702
Oct 20161.460
Sep 20161.122

Real personal income excluding current transfer receipts

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FRED Graph

Real personal income excluding current transfer receipts

Percent Change from Year Ago
Date
Value
Jan 20251.460
Dec 20241.728
Nov 20241.799
Oct 20242.054
Sep 20242.045
Aug 20242.221
Jul 20242.472
Jun 20242.807
May 20242.949
Apr 20242.946
Mar 20243.281
Feb 20243.471
Jan 20243.585
Dec 20233.500
Nov 20233.469
Oct 20232.863
Sep 20232.374
Aug 20232.534
Jul 20232.741
Jun 20233.592
May 20233.086
Apr 20232.716
Mar 20232.556
Feb 20231.737
Jan 20231.490
Dec 20220.304
Nov 2022-0.170
Oct 2022-0.171
Sep 20220.351
Aug 20220.281
Jul 2022-0.189
Jun 2022-0.902
May 2022-0.213
Apr 20220.320
Mar 20221.145
Feb 20222.432
Jan 20222.555
Dec 20212.926
Nov 20213.309
Oct 20213.182
Sep 20214.274
Aug 20215.229
Jul 20216.412
Jun 20216.890
May 20218.934
Apr 202110.934
Mar 20213.381
Feb 20210.094
Jan 20210.628
Dec 20202.016
Nov 20201.535
Oct 20202.197
Sep 20200.949
Aug 2020-0.054
Jul 2020-0.625
Jun 2020-1.488
May 2020-3.549
Apr 2020-5.755
Mar 20200.216
Feb 20202.777
Jan 20202.461
Dec 20191.351
Nov 20193.082
Oct 20192.897
Sep 20192.798
Aug 20192.576
Jul 20192.471
Jun 20193.052
May 20193.377
Apr 20193.693
Mar 20193.933
Feb 20194.017
Jan 20193.956
Dec 20183.819
Nov 20182.729
Oct 20182.915
Sep 20183.237
Aug 20183.581
Jul 20183.330
Jun 20183.155
May 20182.779
Apr 20183.210
Mar 20183.373
Feb 20183.528
Jan 20183.703
Dec 20174.171
Nov 20174.293
Oct 20174.185
Sep 20173.874
Aug 20173.863
Jul 20173.773
Jun 20173.903
May 20173.981
Apr 20173.164
Mar 20172.682
Feb 20172.266
Jan 20171.853
Dec 20161.665
Nov 20161.687
Oct 20161.258

Real Personal Consumption Expenditures

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FRED Graph

Real Personal Consumption Expenditures

Percent Change from Year Ago
Date
Value
Jan 20252.979
Dec 20243.134
Nov 20243.159
Oct 20243.156
Sep 20243.188
Aug 20242.903
Jul 20242.850
Jun 20242.859
May 20242.829
Apr 20242.392
Mar 20242.743
Feb 20242.109
Jan 20241.854
Dec 20233.577
Nov 20233.061
Oct 20232.318
Sep 20232.277
Aug 20232.205
Jul 20232.768
Jun 20232.266
May 20232.225
Apr 20231.986
Mar 20232.038
Feb 20232.778
Jan 20232.861
Dec 20221.648
Nov 20221.269
Oct 20221.798
Sep 20222.316
Aug 20222.368
Jul 20222.417
Jun 20222.223
May 20223.111
Apr 20222.992
Mar 20223.335
Feb 20227.267
Jan 20226.129
Dec 20217.376
Nov 20218.126
Oct 20217.606
Sep 20217.192
Aug 20218.413
Jul 20218.548
Jun 202110.489
May 202115.630
Apr 202125.493
Mar 202110.840
Feb 2021-0.791
Jan 20210.028
Dec 2020-0.937
Nov 2020-1.166
Oct 2020-0.382
Sep 2020-0.663
Aug 2020-1.849
Jul 2020-2.200
Jun 2020-3.236
May 2020-8.085
Apr 2020-14.748
Mar 2020-4.163
Feb 20203.370
Jan 20203.613
Dec 20193.533
Nov 20192.482
Oct 20192.478
Sep 20192.770
Aug 20192.422
Jul 20192.245
Jun 20191.980
May 20191.735
Apr 20191.671
Mar 20191.754
Feb 20191.338
Jan 20191.332
Dec 20180.936
Nov 20182.602
Oct 20182.617
Sep 20182.415
Aug 20183.158
Jul 20182.954
Jun 20182.995
May 20183.224
Apr 20182.973
Mar 20182.915
Feb 20183.073
Jan 20183.083
Dec 20173.252
Nov 20173.172
Oct 20172.782
Sep 20172.638
Aug 20172.353
Jul 20172.451
Jun 20172.379
May 20172.508
Apr 20172.610
Mar 20172.848
Feb 20172.013
Jan 20172.638
Dec 20162.749
Nov 20162.354
Oct 20162.351

Real Gross Domestic Product

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FRED Graph

Real Gross Domestic Product

Compounded Annual Rate of Change
Date
Value
Q4 20242.345
Q3 20243.073
Q2 20242.989
Q1 20241.629
Q4 20233.192
Q3 20234.355
Q2 20232.450
Q1 20232.797
Q4 20223.353
Q3 20222.720
Q2 20220.281
Q1 2022-1.026
Q4 20217.410
Q3 20213.455
Q2 20216.430
Q1 20215.636
Q4 20204.410
Q3 202035.195
Q2 2020-28.077
Q1 2020-5.455
Q4 20192.756
Q3 20194.763
Q2 20193.383
Q1 20192.521
Q4 20180.568
Q3 20182.518
Q2 20182.140
Q1 20183.294
Q4 20174.585
Q3 20173.192
Q2 20172.258
Q1 20171.962
Q4 20162.236
Q3 20162.868
Q2 20161.291
Q1 20162.338
Q4 20150.740
Q3 20151.611
Q2 20152.501
Q1 20153.651
Q4 20142.038
Q3 20144.951
Q2 20145.268
Q1 2014-1.373
Q4 20133.533
Q3 20133.449
Q2 20131.075
Q1 20134.005
Q4 20120.463
Q3 20120.577
Q2 20121.797
Q1 20123.397
Q4 20114.568
Q3 2011-0.089
Q2 20112.734
Q1 2011-0.945
Q4 20102.117
Q3 20103.120
Q2 20103.927
Q1 20101.952
Q4 20094.394
Q3 20091.412
Q2 2009-0.713
Q1 2009-4.463
Q4 2008-8.473
Q3 2008-2.085
Q2 20082.403
Q1 2008-1.696
Q4 20072.537
Q3 20072.324
Q2 20072.470
Q1 20071.209
Q4 20063.482
Q3 20060.601
Q2 20061.039
Q1 20065.491
Q4 20052.241
Q3 20053.172
Q2 20051.985
Q1 20054.512
Q4 20044.144
Q3 20043.849
Q2 20043.136
Q1 20042.286
Q4 20034.724
Q3 20036.821
Q2 20033.590
Q1 20032.123
Q4 20020.495
Q3 20021.636
Q2 20022.473
Q1 20023.388
Q4 20011.104
Q3 2001-1.593
Q2 20012.522
Q1 2001-1.305
Q4 20002.410
Q3 20000.408
Q2 20007.487
Q1 20001.459

Real gross domestic income

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FRED Graph

Real gross domestic income

Compounded Annual Rate of Change
Date
Value
Q3 20241.355
Q2 20242.019
Q1 20242.951
Q4 20235.117
Q3 20232.694
Q2 20232.112
Q1 20231.722
Q4 2022-1.367
Q3 20223.875
Q2 2022-0.276
Q1 20221.708
Q4 20216.402
Q3 20214.435
Q2 20215.330
Q1 20214.194
Q4 202015.128
Q3 202028.677
Q2 2020-30.570
Q1 2020-2.424
Q4 20193.158
Q3 20192.264
Q2 20190.913
Q1 20194.103
Q4 20181.662
Q3 20183.993
Q2 20182.429
Q1 20182.942
Q4 20174.327
Q3 20171.983
Q2 20172.484
Q1 20173.302
Q4 20161.977
Q3 20162.656
Q2 2016-1.867
Q1 20162.422
Q4 20150.801
Q3 20150.674
Q2 20151.395
Q1 20152.713
Q4 20143.490
Q3 20144.676
Q2 20145.662
Q1 20142.669
Q4 20132.323
Q3 20130.369
Q2 20132.442
Q1 2013-0.030
Q4 20125.863
Q3 2012-3.364
Q2 20120.926
Q1 20128.213
Q4 20113.736
Q3 20110.857
Q2 20112.944
Q1 20110.444
Q4 20101.046
Q3 20106.181
Q2 20103.906
Q1 20102.210
Q4 20096.355
Q3 20091.656
Q2 20091.402
Q1 2009-6.439
Q4 2008-8.783
Q3 2008-0.461
Q2 2008-0.728
Q1 2008-0.246
Q4 20070.150
Q3 2007-3.395
Q2 20071.943
Q1 2007-0.015
Q4 20060.900
Q3 20061.556
Q2 20061.640
Q1 20066.356
Q4 20056.175
Q3 20053.019
Q2 20053.880
Q1 20053.505
Q4 20042.218
Q3 20045.016
Q2 20044.618
Q1 20043.355
Q4 20033.428
Q3 20034.382
Q2 20033.288
Q1 2003-0.224
Q4 20022.961
Q3 20021.163
Q2 20023.837
Q1 20024.902
Q4 2001-3.229
Q3 2001-2.049
Q2 2001-0.430
Q1 20014.188
Q4 20000.092
Q3 20003.716
Q2 20002.692
Q1 20008.197
Q4 19995.977

Real Average of GDP and GDI

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FRED Graph

Real Average of GDP and GDI

Compounded Annual Rate of Change
Date
Value
Q3 20242.214
Q2 20242.504
Q1 20242.286
Q4 20234.146
Q3 20233.526
Q2 20232.281
Q1 20232.260
Q4 20220.964
Q3 20223.298
Q2 20220.001
Q1 20220.333
Q4 20216.905
Q3 20213.944
Q2 20215.878
Q1 20214.911
Q4 20209.618
Q3 202031.918
Q2 2020-29.333
Q1 2020-3.953
Q4 20192.956
Q3 20193.508
Q2 20192.139
Q1 20193.310
Q4 20181.113
Q3 20183.252
Q2 20182.284
Q1 20183.118
Q4 20174.456
Q3 20172.586
Q2 20172.371
Q1 20172.628
Q4 20162.107
Q3 20162.762
Q2 2016-0.300
Q1 20162.380
Q4 20150.770
Q3 20151.140
Q2 20151.944
Q1 20153.179
Q4 20142.765
Q3 20144.813
Q2 20145.466
Q1 20140.629
Q4 20132.927
Q3 20131.895
Q2 20131.758
Q1 20131.959
Q4 20123.138
Q3 2012-1.418
Q2 20121.358
Q1 20125.786
Q4 20114.151
Q3 20110.383
Q2 20112.839
Q1 2011-0.254
Q4 20101.581
Q3 20104.636
Q2 20103.917
Q1 20102.080
Q4 20095.365
Q3 20091.533
Q2 20090.330
Q1 2009-5.448
Q4 2008-8.627
Q3 2008-1.282
Q2 20080.836
Q1 2008-0.978
Q4 20071.342
Q3 2007-0.577
Q2 20072.205
Q1 20070.592
Q4 20062.173
Q3 20061.082
Q2 20061.341
Q1 20065.926
Q4 20054.197
Q3 20053.096
Q2 20052.929
Q1 20054.007
Q4 20043.175
Q3 20044.432
Q2 20043.875
Q1 20042.818
Q4 20034.075
Q3 20035.593
Q2 20033.438
Q1 20030.937
Q4 20021.727
Q3 20021.399
Q2 20023.155
Q1 20024.143
Q4 2001-1.093
Q3 2001-1.822
Q2 20011.023
Q1 20011.422
Q4 20001.239
Q3 20002.055
Q2 20005.051
Q1 20004.786
Q4 19996.351

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