The Weekly Economic Index (WEI) of the United States exhibited notable fluctuations between January 2021 and May 2025. Throughout this period, the WEI reached its lowest point at negative 0.98 percent in the third week of February 2021, while achieving its peak at 10.27 percent in the first week of May 2021. From 2021 through the initial half of 2023, the WEI demonstrated a gradual decline, interspersed with occasional minor upturns. This phase was succeeded by a period characterized by a modest overall increase. What is the Weekly Economic Index? The Weekly Economic Index (WEI) is an index of real economic activity using high-frequency data, used to signal the state of the U.S. economy. It is an index of 10 daily and weekly indicators, scaled to align with the four-quarter GDP growth rate. The indicators reflected in the WEI cover consumer behavior, the labor market, and production.

FRBOP Forecast: Annual Unemp Rate: Mean: sa: Current data was reported at 3.932 % in Jun 2018. This records a decrease from the previous number of 3.944 % for Mar 2018. FRBOP Forecast: Annual Unemp Rate: Mean: sa: Current data is updated quarterly, averaging 5.778 % from Sep 1981 (Median) to Jun 2018, with 148 observations. The data reached an all-time high of 10.281 % in Mar 1983 and a record low of 3.932 % in Jun 2018. FRBOP Forecast: Annual Unemp Rate: Mean: sa: Current data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.G022: Current Population Survey: Unemployment Rate: Seasonally Adjusted: Forecast: Federal Reserve Bank of Philadelphia.

AHE: sa: PW: EH: Medical & Diagnostic Laboratories data was reported at 39.650 USD in Mar 2025. This records an increase from the previous number of 39.180 USD for Feb 2025. AHE: sa: PW: EH: Medical & Diagnostic Laboratories data is updated monthly, averaging 21.850 USD from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 39.650 USD in Mar 2025 and a record low of 10.850 USD in Jan 1990. AHE: sa: PW: EH: Medical & Diagnostic Laboratories data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G: Current Employment Statistics: Average Hourly Earnings: Production Workers: Seasonally Adjusted.

United States Avg Weekly Earnings: FA: All Other Financial Investment Activities data was reported at 1,911.910 USD in Sep 2018. This records an increase from the previous number of 1,799.030 USD for Aug 2018. United States Avg Weekly Earnings: FA: All Other Financial Investment Activities data is updated monthly, averaging 1,464.970 USD from Mar 2006 (Median) to Sep 2018, with 151 observations. The data reached an all-time high of 1,912.710 USD in Apr 2018 and a record low of 1,242.460 USD in Oct 2013. United States Avg Weekly Earnings: FA: All Other Financial Investment Activities data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G032: Current Employment Statistics Survey: Average Weekly and Hourly Earnings.

The Long Depression was, by a large margin, the longest-lasting recession in U.S. history. It began in the U.S. with the Panic of 1873, and lasted for over five years. This depression was the largest in a series of recessions at the turn of the 20th century, which proved to be a period of overall stagnation as the U.S. financial markets failed to keep pace with industrialization and changes in monetary policy. Great Depression The Great Depression, however, is widely considered to have been the most severe recession in U.S. history. Following the Wall Street Crash in 1929, the country's economy collapsed, wages fell and a quarter of the workforce was unemployed. It would take almost four years for recovery to begin. Additionally, U.S. expansion and integration in international markets allowed the depression to become a global event, which became a major catalyst in the build up to the Second World War. Decreasing severity When comparing recessions before and after the Great Depression, they have generally become shorter and less frequent over time. Only three recessions in the latter period have lasted more than one year. Additionally, while there were 12 recessions between 1880 and 1920, there were only six recessions between 1980 and 2020. The most severe recession in recent years was the financial crisis of 2007 (known as the Great Recession), where irresponsible lending policies and lack of government regulation allowed for a property bubble to develop and become detached from the economy over time, this eventually became untenable and the bubble burst. Although the causes of both the Great Depression and Great Recession were similar in many aspects, economists have been able to use historical evidence to try and predict, prevent, or limit the impact of future recessions.

United States Avg Hourly Earnings: RT: Florist data was reported at 13.600 USD in May 2018. This records a decrease from the previous number of 13.660 USD for Apr 2018. United States Avg Hourly Earnings: RT: Florist data is updated monthly, averaging 12.810 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 14.490 USD in Dec 2017 and a record low of 10.250 USD in Apr 2006. United States Avg Hourly Earnings: RT: Florist data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G032: Current Employment Statistics Survey: Average Weekly and Hourly Earnings.

The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

United States WE: Age 25 & Over: BH: First Decile data was reported at 661.000 USD in Mar 2020. This records a decrease from the previous number of 669.000 USD for Dec 2019. United States WE: Age 25 & Over: BH: First Decile data is updated quarterly, averaging 557.000 USD from Mar 2000 (Median) to Mar 2020, with 81 observations. The data reached an all-time high of 669.000 USD in Dec 2019 and a record low of 444.000 USD in Jun 2000. United States WE: Age 25 & Over: BH: First Decile data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G030: Current Population Survey: Usual Weekly Earnings.

United States Avg Weekly Earnings: sa: WT: Machinery & Supplies data was reported at 1,215.410 USD in May 2018. This records an increase from the previous number of 1,201.500 USD for Apr 2018. United States Avg Weekly Earnings: sa: WT: Machinery & Supplies data is updated monthly, averaging 1,031.220 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 1,215.410 USD in May 2018 and a record low of 900.900 USD in May 2006. United States Avg Weekly Earnings: sa: WT: Machinery & Supplies data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G033: Current Employment Statistics Survey: Average Weekly and Hourly Earnings: Seasonally Adjusted.

United States WE: Full Time: SO: Male data was reported at 962.000 USD in Mar 2020. This records an increase from the previous number of 886.000 USD for Dec 2019. United States WE: Full Time: SO: Male data is updated quarterly, averaging 737.000 USD from Mar 2000 (Median) to Mar 2020, with 81 observations. The data reached an all-time high of 962.000 USD in Mar 2020 and a record low of 589.000 USD in Sep 2000. United States WE: Full Time: SO: Male data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G030: Current Population Survey: Usual Weekly Earnings.

United States Avg Hourly Earnings: sa: CO: RB: Residential Remodelers data was reported at 26.730 USD in May 2018. This records a decrease from the previous number of 26.780 USD for Apr 2018. United States Avg Hourly Earnings: sa: CO: RB: Residential Remodelers data is updated monthly, averaging 21.470 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 26.780 USD in Apr 2018 and a record low of 19.490 USD in Mar 2006. United States Avg Hourly Earnings: sa: CO: RB: Residential Remodelers data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G033: Current Employment Statistics Survey: Average Weekly and Hourly Earnings: Seasonally Adjusted.

United States Avg Weekly Earnings: sa: Mfg: DG: Motor Vehicle Electric Equip data was reported at 953.570 USD in May 2018. This records an increase from the previous number of 940.660 USD for Apr 2018. United States Avg Weekly Earnings: sa: Mfg: DG: Motor Vehicle Electric Equip data is updated monthly, averaging 888.020 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 953.570 USD in May 2018 and a record low of 759.140 USD in Oct 2007. United States Avg Weekly Earnings: sa: Mfg: DG: Motor Vehicle Electric Equip data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G033: Current Employment Statistics Survey: Average Weekly and Hourly Earnings: Seasonally Adjusted.

United States Avg Hourly Earnings: sa: RT: Other Gasoline Station data was reported at 14.900 USD in Oct 2018. This records a decrease from the previous number of 14.920 USD for Sep 2018. United States Avg Hourly Earnings: sa: RT: Other Gasoline Station data is updated monthly, averaging 12.920 USD from Mar 2006 (Median) to Oct 2018, with 152 observations. The data reached an all-time high of 14.920 USD in Sep 2018 and a record low of 11.600 USD in Aug 2006. United States Avg Hourly Earnings: sa: RT: Other Gasoline Station data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G033: Current Employment Statistics Survey: Average Weekly and Hourly Earnings: Seasonally Adjusted.

United States Avg Hourly Earnings: RT: Nonstore Retailers data was reported at 24.350 USD in May 2018. This records a decrease from the previous number of 24.400 USD for Apr 2018. United States Avg Hourly Earnings: RT: Nonstore Retailers data is updated monthly, averaging 22.880 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 26.660 USD in Apr 2016 and a record low of 18.190 USD in Dec 2006. United States Avg Hourly Earnings: RT: Nonstore Retailers data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G032: Current Employment Statistics Survey: Average Weekly and Hourly Earnings.

United States Avg Weekly Earnings: LH: Food Service Contractor data was reported at 501.470 USD in May 2018. This records a decrease from the previous number of 505.740 USD for Apr 2018. United States Avg Weekly Earnings: LH: Food Service Contractor data is updated monthly, averaging 414.780 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 525.250 USD in Jul 2014 and a record low of 306.680 USD in Apr 2006. United States Avg Weekly Earnings: LH: Food Service Contractor data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G032: Current Employment Statistics Survey: Average Weekly and Hourly Earnings.

United States Avg Hourly Earnings: WT: Electric Appliance & Electronic Parts data was reported at 37.970 USD in May 2018. This records an increase from the previous number of 37.850 USD for Apr 2018. United States Avg Hourly Earnings: WT: Electric Appliance & Electronic Parts data is updated monthly, averaging 30.430 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 37.970 USD in May 2018 and a record low of 26.670 USD in Aug 2006. United States Avg Hourly Earnings: WT: Electric Appliance & Electronic Parts data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G032: Current Employment Statistics Survey: Average Weekly and Hourly Earnings.

United States Avg Weekly Earnings: sa: PB: Accounting & Bookeeping Services data was reported at 1,187.570 USD in May 2018. This records an increase from the previous number of 1,185.240 USD for Apr 2018. United States Avg Weekly Earnings: sa: PB: Accounting & Bookeeping Services data is updated monthly, averaging 923.470 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 1,187.570 USD in May 2018 and a record low of 760.840 USD in Mar 2006. United States Avg Weekly Earnings: sa: PB: Accounting & Bookeeping Services data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G033: Current Employment Statistics Survey: Average Weekly and Hourly Earnings: Seasonally Adjusted.

United States AHE: sa: PW: LH: Food Service Contractors data was reported at 20.820 USD in Mar 2025. This records a decrease from the previous number of 21.060 USD for Feb 2025. United States AHE: sa: PW: LH: Food Service Contractors data is updated monthly, averaging 11.040 USD from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 21.710 USD in Feb 2024 and a record low of 6.790 USD in Jan 1990. United States AHE: sa: PW: LH: Food Service Contractors data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G076: Current Employment Statistics: Average Hourly Earnings: Production Workers: Seasonally Adjusted.

United States Flows Into Unemployment: Male: Other data was reported at 4.000 Person th in Oct 2018. This records a decrease from the previous number of 5.000 Person th for Sep 2018. United States Flows Into Unemployment: Male: Other data is updated monthly, averaging 10.000 Person th from Feb 1990 (Median) to Oct 2018, with 345 observations. The data reached an all-time high of 48.000 Person th in Jan 2003 and a record low of 0.000 Person th in Dec 2017. United States Flows Into Unemployment: Male: Other data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G012: Current Population Survey: Labour Force Status Flows.

United States Agg Weekly Payrolls: sa: Index: Mfg: Food data was reported at 206.000 2007=100 in Mar 2025. This records an increase from the previous number of 204.300 2007=100 for Feb 2025. United States Agg Weekly Payrolls: sa: Index: Mfg: Food data is updated monthly, averaging 126.700 2007=100 from Mar 2006 (Median) to Mar 2025, with 229 observations. The data reached an all-time high of 206.000 2007=100 in Mar 2025 and a record low of 93.600 2007=100 in Mar 2006. United States Agg Weekly Payrolls: sa: Index: Mfg: Food data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G080: Current Employment Statistics: Aggregate Weekly Payroll Index: Seasonally Adjusted.