The chart above shows the annualized nominal gross domestic product (GDP) growth rate in each US state over the past five years as of the second quarter of 2019 and the growth rate over the past ten years.  Only two states experienced negative growth in either time period.

The chart above shows the unemployment rate in each EU and US region as of November 2019 (unless otherwise noted - see caveats below), the change from the previous month, and the rate one year prior.  US regions continue to have considerably lower unemployment rates than EU regions with the Eastern EU being the only EU region that tops a US region.

The chart above shows the unemployment rate in each US region as of November 2019, the change from the previous month, and the rate one year prior.  The Northeastern US was the only region to not see an improvement in its rate from last month.

The chart above shows the unemployment rate in each EU region as of November 2019 (unless otherwise noted - see caveats below), the change from the previous month, and the rate one year prior.  The Northern EU is the only region with an unemployment rate higher than the previous month and higher than last year.

The chart above shows the unemployment rate in each EU and US state as of November 2019 (unless otherwise noted - see caveats below), the change from the previous month, and the rate one year prior.  Czechia is the only EU state with an unemployment rate below three percent.  Thirteen US states have a rate below three percent.

The chart above shows the unemployment rate in each US state as of November 2019, the change from the previous month, and the rate one year prior.  Vermont, South Carolina, and Utah are the only states that have an unemployment rate below 2.5 percent.

The chart above shows the unemployment rate in each EU state as of November 2019 (unless otherwise noted - see caveats below), the change from the previous month, and the rate one year prior.  Czechia continues to be the only state with an unemployment rate below three percent.

The chart above shows the ten-year interest rate in each EU state as of November 2019, the change from the previous month, and the rate one year prior.  Nine states have a negative interest rate (down from 11 last month and up from zero last year).

The one, three, and six-month, and the one and two year rates fell in December while all other rates rose.  The yield curve widened from the previous month thus ending its narrowing streak of one month.  The one-month bill did not maintain the lowest rate throughout the month.  Long-term rates rose while short-term rates dropped thus decreasing the risk of an inversion brought upon by rising short-term rates.  Such an inversion, if it were to happen would be a strong indicator for an upcoming recession.

All rates trended downwards following their dramatic turn upwards the previous year after being stuck at zero for several years.  The yield curve widened over the course of the year.  A narrowing from the short-term is a warning sign for an inversion that indicates recession.