Monthly and long-term United States economic indicators data: historical series and analyst forecasts curated by FocusEconomics.

In 2023, U.S. national health expenditure as a share of its gross domestic product (GDP) reached 17.6 percent, this was an increase on the previous year. The United States has the highest health spending based on GDP share among developed countries. Both public and private health spending in the U.S. is much higher than other developed countries. Why the U.S. pays so much moreWhile private health spending in Canada stays at around three percent and in Germany under two percent of the gross domestic product, it is nearly nine percent in the United States. Another reason for high costs can be found in physicians’ salaries, which are much higher in the U.S. than in other wealthy countries. A general practitioner in the U.S. earns nearly twice as much as the average physician in other high-income countries. Additionally, medicine spending per capita is also significantly higher in the United States. Finally, inflated health care administration costs are another of the predominant factors which make health care spending in the U.S. out of proportion. It is important to state that Americans do not pay more because they have a higher health care utilization, but mainly because of higher prices. Expected developmentsBy 2031, it is expected that health care spending in the U.S. will reach nearly one fifth of the nation’s gross domestic product. Or in dollar-terms, health care expenditures will accumulate to about seven trillion U.S. dollars in total.

In 2024, the U.S. GDP increased from the previous year to about 29.18 trillion U.S. dollars. Gross domestic product (GDP) refers to the market value of all goods and services produced within a country. In 2024, the United States has the largest economy in the world. What is GDP? Gross domestic product is one of the most important indicators used to analyze the health of an economy. GDP is defined by the BEA as the market value of goods and services produced by labor and property in the United States, regardless of nationality. It is the primary measure of U.S. production. The OECD defines GDP as an aggregate measure of production equal to the sum of the gross values added of all resident, institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs). GDP and national debt Although the United States had the highest Gross Domestic Product (GDP) in the world in 2022, this does not tell us much about the quality of life in any given country. GDP per capita at purchasing power parity (PPP) is an economic measurement that is thought to be a better method for comparing living standards across countries because it accounts for domestic inflation and variations in the cost of living. While the United States might have the largest economy, the country that ranked highest in terms of GDP at PPP was Luxembourg, amounting to around 141,333 international dollars per capita. Singapore, Ireland, and Qatar also ranked highly on the GDP PPP list, and the United States ranked 9th in 2022.

This dataset includes various economic indicators such as stock market performance, inflation rates, GDP, interest rates, employment data, and housing index, all of which are crucial for understanding the state of the economy. By analysing this dataset, one can gain insights into the causes and effects of past recessions in the US, which can inform investment decisions and policy-making.

There are 20 columns and 343 rows spanning 1990-04 to 2022-10

The columns are:

1. Price: Price column refers to the S&P 500 lot price over the years. The S&P 500 is a stock market index that measures the performance of 500 large companies listed on stock exchanges in the United States. This variable represents the value of the S&P 500 index from 1980 to present. Industrial Production: This variable measures the output of industrial establishments in the manufacturing, mining, and utilities sectors. It reflects the overall health of the manufacturing industry, which is a key component of the US economy.

2. INDPRO: Industrial production measures the output of the manufacturing, mining, and utility sectors of the economy. It provides insights into the overall health of the economy, as a decline in industrial production can indicate a slowdown in economic activity. This data can be used by policymakers and investors to assess the state of the economy and make informed decisions.

3. CPI: CPI stands for Consumer Price Index, which measures the change in the prices of a basket of goods and services that consumers purchase. CPI inflation represents the rate at which the prices of goods and services in the economy are increasing.

4. Treasure Bill rate (3 month to 30 Years): Treasury bills (T-bills) are short-term debt securities issued by the US government. This variable represents the interest rates on T-bills with maturities ranging from 3 months to 30 years. It reflects the cost of borrowing money for the government and provides an indication of the overall level of interest rates in the economy.

5. GDP: GDP stands for Gross Domestic Product, which is the value of all goods and services produced in a country. This dataset is taking into account only the Nominal GDP values. Nominal GDP represents the total value of goods and services produced in the US economy without accounting for inflation.

6. Rate: The Federal Funds Rate is the interest rate at which depository institutions lend reserve balances to other depository institutions overnight. It is set by the Federal Reserve and is used as a tool to regulate the money supply in the economy.

7. BBK_Index: The BBKI are maintained and produced by the Indiana Business Research Center at the Kelley School of Business at Indiana University. The BBK Coincident and Leading Indexes and Monthly GDP Growth for the U.S. are constructed from a collapsed dynamic factor analysis of a panel of 490 monthly measures of real economic activity and quarterly real GDP growth. The BBK Leading Index is the leading subcomponent of the cycle measured in standard deviation units from trend real GDP growth.

8. Housing Index: This variable represents the value of the housing market in the US. It is calculated based on the prices of homes sold in the market and provides an indication of the overall health of the housing market.

9. Recession binary column: This variable is a binary indicator that takes a value of 1 when the US economy is in a recession and 0 otherwise. It is based on the official business cycle dates provided by the National Bureau of Economic Research.

United States US: GDP: Growth: Gross Value Added: Services data was reported at 2.621 % in 2015. This records an increase from the previous number of 2.221 % for 2014. United States US: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 2.335 % from Dec 1998 (Median) to 2015, with 18 observations. The data reached an all-time high of 4.456 % in 1999 and a record low of -1.772 % in 2009. United States US: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Graph and download economic data for Gross Domestic Product: Health Care and Social Assistance (62) in the United States (USHLTHSOCASSNQGSP) from Q1 2005 to Q2 2025 about healthcare, social assistance, health, education, GSP, private industries, services, private, industry, GDP, and USA.

U.S. Economic and Financial Dataset

Dataset Description

This dataset combines historical U.S. economic and financial indicators, spanning the last 50 years, to facilitate time series analysis and uncover patterns in macroeconomic trends. It is designed for exploring relationships between interest rates, inflation, economic growth, stock market performance, and industrial production.

Key Features

• Frequency: Monthly
• Time Period: Last 50 years from Nov-24
• Sources:
  • Federal Reserve Economic Data (FRED)
  • Yahoo Finance

Dataset Feature Description

1. Interest Rate (Interest_Rate):

   • The effective federal funds rate, representing the interest rate at which depository institutions trade federal funds overnight.

2. Inflation (Inflation):

   • The Consumer Price Index for All Urban Consumers, an indicator of inflation trends.

3. GDP (GDP):

   • Real GDP measures the inflation-adjusted value of goods and services produced in the U.S.

4. Unemployment Rate (Unemployment):

   • The percentage of the labor force that is unemployed and actively seeking work.

5. Stock Market Performance (S&P500):

   • Monthly average of the adjusted close price, representing stock market trends.

6. Industrial Production (Ind_Prod):

   • A measure of real output in the industrial sector, including manufacturing, mining, and utilities.

Dataset Statistics

1. Total Entries: 599
2. Columns: 6
3. Memory usage: 37.54 kB
4. Data types: float64

Feature Overview

• Columns:
  • Interest_Rate: Monthly Federal Funds Rate (%)
  • Inflation: CPI (All Urban Consumers, Index)
  • GDP: Real GDP (Billions of Chained 2012 Dollars)
  • Unemployment: Unemployment Rate (%)
  • Ind_Prod: Industrial Production Index (2017=100)
  • S&P500: Monthly Average of S&P 500 Adjusted Close Prices

Executive Summary

This project explores the interconnected dynamics of key macroeconomic indicators and financial market trends over the past 50 years, leveraging data from the Federal Reserve Economic Data (FRED) and Yahoo Finance. The dataset integrates critical variables such as the Federal Funds Rate, Inflation (CPI), Real GDP, Unemployment Rate, Industrial Production, and the S&P 500 Index, providing a holistic view of the U.S. economy and financial markets.

The analysis focuses on uncovering relationships between these variables through time-series visualization, correlation analysis, and trend decomposition. Key findings are included in the Insights section. This project serves as a robust resource for understanding long-term economic trends, policy impacts, and market behavior. It is particularly valuable for students, researchers, policymakers, and financial analysts seeking to connect macroeconomic theory with real-world data.

Potential Use Cases

• Economic Analysis: Examine relationships between interest rates, inflation, GDP, and unemployment.
• Stock Market Prediction: Study how macroeconomic indicators influence stock market trends.
• Time Series Modeling: Perform ARIMA, VAR, or other models to forecast economic trends.
• Cyclic Pattern Analysis: Identify how economic shocks and recoveries impact key indicators.

Snap of Power Analysis

https://github.com/user-attachments/assets/1b40e0ca-7d2e-4fbc-8cfd-df3f09e4fdb8">

To ensure sufficient power, the dataset covers last 50 years of monthly data i.e., around 600 entries.

Key Insights derived through EDA, time-series visualization, correlation analysis, and trend decomposition

• Interest Rate and Inflation Dynamics: The interest Rate and inflation exhibit an inverse relationship, especially during periods of aggressive monetary tightening by the Federal Reserve.
• Economic Growth and Market Performance: GDP growth and the S&P 500 Index show a positive correlation, reflecting how market performance often aligns with overall economic health.
• Labor Market and Industrial Output: Unemployment and industrial production demonstrate a strong inverse relationship. Higher industrial output is typically associated with lower unemployment
• Market Behavior During Economic Shocks: The S&P 500 experienced sharp declines during significant crises, such as the 2008 financial crash and the COVID-19 pandemic in 2020. These events also triggered increased unemployment and contractions in GDP, highlighting the interplay between markets and the broader economy.
• Correlation Highlights: S&P 500 and GDP have a strong positive correlation. Interest rates negatively correlate with GDP and inflation, reflecting monetary policy impacts. Unemployment is negatively correlated with industrial production but positively correlated with interest rates.

Link to GitHub Repo

https:/...

Graph and download economic data for Real Gross Domestic Product: Private Industries: Educational Services, Health Care, and Social Assistance for United States Metropolitan Portion (RGMPEDHLTHSOCASSUSMP) from 2001 to 2023 about metropolitan portion, healthcare, social assistance, health, education, private industries, services, private, real, industry, GDP, and USA.

This statistic shows a forecast of the U.S. national health expenditure as a percentage of GDP from 2024 to 2033. By 2032, this share is expected to increase up to nearly ********* of the national gross domestic product.

United States US: Health Expenditure: Private: % of GDP data was reported at 8.862 % in 2014. This records an increase from the previous number of 8.853 % for 2013. United States US: Health Expenditure: Private: % of GDP data is updated yearly, averaging 8.434 % from Dec 1995 (Median) to 2014, with 20 observations. The data reached an all-time high of 8.985 % in 2009 and a record low of 7.132 % in 1997. United States US: Health Expenditure: Private: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Health Statistics. Private health expenditure includes direct household (out-of-pocket) spending, private insurance, charitable donations, and direct service payments by private corporations.; ; World Health Organization Global Health Expenditure database (see http://apps.who.int/nha/database for the most recent updates).; Weighted average;

United States US: Proportion of Population Spending More Than 25% of Household Consumption or Income on Out-of-Pocket Health Care Expenditure: % data was reported at 0.781 % in 2013. This records a decrease from the previous number of 0.856 % for 2012. United States US: Proportion of Population Spending More Than 25% of Household Consumption or Income on Out-of-Pocket Health Care Expenditure: % data is updated yearly, averaging 0.880 % from Dec 1995 (Median) to 2013, with 18 observations. The data reached an all-time high of 1.078 % in 2000 and a record low of 0.724 % in 2008. United States US: Proportion of Population Spending More Than 25% of Household Consumption or Income on Out-of-Pocket Health Care Expenditure: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Poverty. Proportion of population spending more than 25% of household consumption or income on out-of-pocket health care expenditure, expressed as a percentage of a total population of a country; ; Wagstaff et al. Progress on catastrophic health spending: results for 133 countries. A retrospective observational study, Lancet Global Health 2017.; Weighted Average;

In 2024, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 21.2 percent. The construction industry contributed around four percent of GDP in the same year.

United States Unemployment Rate: PW: NA: EH: Health Care & Social Assistance (HC) data was reported at 2.600 % in Apr 2025. This stayed constant from the previous number of 2.600 % for Mar 2025. United States Unemployment Rate: PW: NA: EH: Health Care & Social Assistance (HC) data is updated monthly, averaging 3.200 % from Jan 2000 (Median) to Apr 2025, with 304 observations. The data reached an all-time high of 10.300 % in Apr 2020 and a record low of 2.000 % in Apr 2024. United States Unemployment Rate: PW: NA: EH: Health Care & Social Assistance (HC) 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.G037: Current Population Survey: Unemployment Rate.

The average for 2021 based on 21 countries was 7.56 percent. The highest value was in the USA: 17.51 percent and the lowest value was in Haiti: 3.44 percent. The indicator is available from 2000 to 2023. Below is a chart for all countries where data are available.

This data package has the purpose to offer data for socio-economic indicators and to cover as much as possible the entire this indicator category with regard to the indicator type and to the geographic level. The major sources of the data are the U.S. Census Bureau and the U.S. Bureau for Labor Statistics. Another used sources of data are the U.S. Department of Housing and Urban Development and the U.S. Department of Housing and the U.S. Department Of Agriculture (Economic Research Service).

United States US: Health Expenditure: Total: % of GDP data was reported at 17.141 % in 2014. This records an increase from the previous number of 16.898 % for 2013. United States US: Health Expenditure: Total: % of GDP data is updated yearly, averaging 15.145 % from Dec 1995 (Median) to 2014, with 20 observations. The data reached an all-time high of 17.141 % in 2014 and a record low of 12.963 % in 1997. United States US: Health Expenditure: Total: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Health Statistics. Total health expenditure is the sum of public and private health expenditure. It covers the provision of health services (preventive and curative), family planning activities, nutrition activities, and emergency aid designated for health but does not include provision of water and sanitation.; ; World Health Organization Global Health Expenditure database (see http://apps.who.int/nha/database for the most recent updates).; Weighted average;

Graph and download economic data for Value Added by Industry: Educational Services, Health Care, and Social Assistance as a Percentage of GDP (VAPGDPESHS) from Q1 2005 to Q2 2025 about value added, social assistance, health, education, private industries, percent, services, private, industry, GDP, and USA.

United States - Economic Policy Uncertainty : Categorical : Health care was 594.53679 Index in March of 2025, according to the United States Federal Reserve. Historically, United States - Economic Policy Uncertainty : Categorical : Health care reached a record high of 1030.68062 in April of 2020 and a record low of 6.85732 in December of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Economic Policy Uncertainty : Categorical : Health care - last updated from the United States Federal Reserve on December of 2025.

The average for 2021 based on 12 countries was 7.74 percent. The highest value was in Argentina: 10.04 percent and the lowest value was in Venezuela: 4.1 percent. The indicator is available from 2000 to 2023. Below is a chart for all countries where data are available.

United States GDP: PI: PI: EH: Health Care & Social Assistance (HS) data was reported at 127.786 2000=100 in 2008. This records an increase from the previous number of 125.473 2000=100 for 2007. United States GDP: PI: PI: EH: Health Care & Social Assistance (HS) data is updated yearly, averaging 24.459 2000=100 from Dec 1947 (Median) to 2008, with 62 observations. The data reached an all-time high of 127.786 2000=100 in 2008 and a record low of 5.908 2000=100 in 1947. United States GDP: PI: PI: EH: Health Care & Social Assistance (HS) data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A177: NIPA 2003: GDP by Industry: Value Added.