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Graph and download economic data for NBER based Recession Indicators for the United States from the Period following the Peak through the Trough (USREC) from Dec 1854 to Jun 2025 about peak, trough, recession indicators, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The benchmark interest rate in Japan was last recorded at 0.50 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
CC0 1.0 Universal Public Domain Dedicationhttps://creativecommons.org/publicdomain/zero/1.0/
License information was derived automatically
Over 44.7 million Americans carry student loan debt, with the total amount valued at approximately $1.31 trillion (Quarterly Report, 2019). Ergo, consumer spending, a factor of GDP, is stifled and negatively impacts the economy (Frizell, 2014, p. 22). This study examined the relationship between student loan debt and the probability of a recession in the near future, as well as the effects of proposed student loan forgiveness policies through the use of a created model. The Federal Reserve Bank of St. Louis’s website (FRED) was used to extract data regarding total GDP per quarter and student loan debt per quarter ("Federal Reserve Economic Data," 2019). Through the combination of the student loan debt per quarter and total GDP per quarter datasets, the percentage of total GDP composed of student loan debt per quarter was calculated and fitted to a logistic curve. Future quarterly values for total GDP and the percentage of total GDP composed by student loan debt per quarter were found through Long Short Term Models and Euler’s Method, respectively. Through the creation of a probability of recession index, the probability of recession per quarter was compared to the percentage of total GDP composed by student loan debt per quarter to construct an exponential regression model. Utilizing a primarily quantitative method of analysis, the percentage of total GDP composed by student loan debt per quarter was found to be strongly associated[p < 1.26696* 10-8]with the probability of recession per quarter(p(R)), with the p(R) tending to peak as the percentage of total GDP composed of student loan debt per quarter strayed away from the carrying capacity of the logistic curve. Inputting the student loan debt forgiveness policies of potential congressional bills proposed by lawmakers found that eliminating 49.7 % and 36.7% of student loan debt would reduce the recession probabilities to be 1.73545*10-29% and 9.74474*10-25%, respectively.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Philadelphia Fed Manufacturing Index in the United States remained unchanged at -4 points in June. This dataset provides the latest reported value for - United States Philadelphia Fed Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Dallas Fed Manufacturing Index in the United States increased to -12.70 points in June from -15.30 points in May of 2025. This dataset provides the latest reported value for - United States Dallas Fed Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Gold Reserves in the United States remained unchanged at 8133.46 Tonnes in the first quarter of 2025 from 8133.46 Tonnes in the fourth quarter of 2024. This dataset provides - United States Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for NBER based Recession Indicators for the United States from the Period following the Peak through the Trough (USREC) from Dec 1854 to Jun 2025 about peak, trough, recession indicators, and USA.