Economic Data
The US Economy, by the Numbers
Data-driven analysis of US economic indicators — GDP growth, CPI inflation, the unemployment rate, Treasury yields, and Federal Reserve policy. Tracked using FRED data from the Federal Reserve Bank of St. Louis, the Bureau of Labor Statistics, and the Bureau of Economic Analysis.
We translate the Federal Reserve's economic data into plain-language accountability journalism — following GDP, prices, jobs, and the cost of borrowing as the official numbers are released.
Latest economic indicators
These figures are rendered from a cached snapshot of FRED — the Federal Reserve Bank of St. Louis economic database — so they reflect the most recent automated refresh (2026-07-06).
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Real GDP growth
2.1%
Quarterly, annualized · 2026-01-01
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Inflation (CPI)
4.3%
Year-over-year · 2026-05-01
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Unemployment
4.2%
U-3 rate · 2026-06-01
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10-Yr Treasury
4.48%
Constant maturity · 2026-07-01
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Fed Funds Rate
3.63%
Effective · 2026-06-01
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Federal Deficit
$1.77T
Most recent fiscal year · FY ending 2025-09-30
How to read these numbers
- Real GDP growth is reported quarterly at an annualized rate by the Bureau of Economic Analysis (FRED series A191RL1Q225SBEA).
- Inflation (CPI) shown here is the year-over-year change in the Consumer Price Index from the Bureau of Labor Statistics (FRED series CPIAUCSL).
- Unemployment is the headline U-3 rate from the BLS household survey (FRED series UNRATE).
- The 10-year Treasury yield and the effective federal funds rate track the cost of long-term borrowing and the Federal Reserve's policy stance (FRED series DGS10 and FEDFUNDS).
Indicator reference
Each indicator on this page maps to a public FRED series, sourced from the responsible federal statistical agency. All series are public domain.
| Indicator | Latest | FRED series | Source agency |
|---|---|---|---|
| Real GDP growth (QoQ, annualized) | 2.1% | A191RL1Q225SBEA | Bureau of Economic Analysis |
| Inflation — CPI (year-over-year) | 4.3% | CPIAUCSL | Bureau of Labor Statistics |
| Unemployment rate (U-3) | 4.2% | UNRATE | Bureau of Labor Statistics |
| 10-year Treasury yield | 4.48% | DGS10 | U.S. Treasury / Federal Reserve |
| Federal funds rate (effective) | 3.63% | FEDFUNDS | Federal Reserve |
Explore economic data topics
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GDP & growth
Quarterly real GDP growth from the Bureau of Economic Analysis — tracking expansions, contractions, and the pace of the recovery.
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Inflation & prices
Headline and core CPI tracked year-over-year against the Federal Reserve's 2% target, using Bureau of Labor Statistics price data.
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Labor market
The U-3 unemployment rate over 20 years, with recession bands and a full-employment reference — from the BLS household survey.
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Interest rates
The effective federal funds rate and the 10-year Treasury yield — the Federal Reserve's policy stance and the cost of long-term borrowing.
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Debt & deficit
The federal deficit and national debt in context — how the cost of borrowing connects to the broader economic picture.
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Live data dashboard
Interactive charts for GDP, CPI versus core CPI, unemployment, and interest rates — refreshed from FRED.
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More economic indicators
These live, continuously updated charts are provided by govspending.org, tracking inflation, the yield curve, and the Federal Reserve's policy rate.
CPI Inflation
Consumer Price Index, year-over-year change.
Yield Curve
10-year minus 2-year Treasury spread.
Fed Funds Rate
The Federal Reserve's policy interest rate.
Charts via GovSpending.org.
Data sources
Figures on this page are drawn directly from primary federal sources:
- FRED — Federal Reserve Bank of St. Louis economic series
- Bureau of Labor Statistics (BLS) — CPI and unemployment data
- Bureau of Economic Analysis (BEA) — GDP and national accounts
- U.S. Treasury Fiscal Data — Treasury yields and the federal deficit
Gov Transparency Project is not a government website and is not affiliated with, endorsed by, or operated by any federal agency. FRED data is courtesy of the Federal Reserve Bank of St. Louis; all data is public domain. Editorial content is independent analysis only.