US GDP by State, First Quarter 2019

Aug 19, 2019
Gross Domestic Product in US States

The chart above shows the annualized nominal gross domestic product (GDP) in each US state as of the first quarter of 2019 in millions of dollars, the change from the previous quarter, and the GDP one year prior.  Oklahoma, North Dakota, Alaska, and Wyoming saw a decline in their GDP over the previous quarter.

EU and US Regional Unemployment Rates, June 2019

Aug 16, 2019
Unemployment Rate in EU and US Regions

The chart above shows the unemployment rate in each EU and US region as of June 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.

US Regional Unemployment Rates, June 2019

Aug 15, 2019
Unemployment Rate in US Regions

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

EU Regional Unemployment Rates, June 2019

Aug 14, 2019
Unemployment Rate in EU Regions

The chart above shows the unemployment rate in each EU region as of June 2019 (unless otherwise noted - see caveats below), the change from the previous month, and the rate one year prior.  The Eastern and Southern EU are the only regions with an unemployment rate smaller than the previous month and smaller than last year.

EU and US Unemployment Rates, June 2019

Aug 13, 2019
Unemployment Rate in EU and US States

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

US Unemployment Rates, June 2019

Aug 12, 2019
Unemployment Rate in US States

The chart above shows the unemployment rate in each US state as of June 2019, the change from the previous month, and the rate one year prior.  Vermont continues to be the only state that has an unemployment rate below 2.25 percent.

EU Unemployment Rates, June 2019

Aug 9, 2019
Unemployment Rate in EU States

The chart above shows the unemployment rate in each EU state as of June 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.

EU Long-Term Interest Rates, June 2019

Aug 8, 2019
Long-Term Interest Rates in EU States

The chart above shows the ten-year interest rate in each EU state as of June 2019, the change from the previous month, and the rate one year prior.  Five states have a negative interest rate.

Treasury Rate Movements, July 2019

Aug 7, 2019
US treasury rates by maturity

All rates except for the one and three-month bills rose in July.  The yield curve narrowed from the previous month thus ending its one month widening streak.  The one-month bill did not maintain the lowest rate at any point in the month.  Long-term rates rose at an equal or faster pace than short-term rates 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.  A side note: several financial analysts have recently pointed to inversions between particular rates like the three-year note having a higher rate than the five-year note as being indicators for a recession.  The data does not back this up.  The only type of inversion that has led to a recession reliably is one in which the highest rate is a shorter-term treasury than the lowest rate.  This is the only inversion that has predicted a recession seven out of eight times since 1962.  According to this measure, there is no recession in the foreseeable future.

Long-Term EU and US GDP Growth Rate by Region, Fourth Quarter 2018

Aug 6, 2019
Long-Term Gross Domestic Product Growth Rate in EU and US Regions

The chart above shows the annualized nominal gross domestic product (GDP) growth rate when priced in US dollars in each EU and US region over the past five years as of the fourth quarter of 2018 and the growth over the past ten years.  All negative growth rates in the EU are attributed to currency rate fluctuations.


OlderNewer