US Unemployment Rates, April 2019

Jun 10, 2019
Unemployment Rate in US States

The chart above shows the unemployment rate in each US state as of April 2019, the change from the previous month, and the rate one year prior.  Four states, Iowa, New Hampshire, North Dakota, and Vermont are the only states that continue to have an unemployment rate below 2.5 percent.

EU Unemployment Rates, April 2019

Jun 7, 2019
Unemployment Rate in EU States

The chart above shows the unemployment rate in each EU state as of April 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 even though its rate ticked up in April.

EU Long-Term Interest Rates, April 2019

Jun 6, 2019
Long-Term Interest Rates in EU States

The chart above shows the ten-year interest rate in each EU state as of April 2019, the change from the previous month, and the rate one year prior.  Germany is the only state with a negative interest rate.

Treasury Rate Movements, May 2019

Jun 5, 2019
US treasury rates by maturity

All rates fell in May.  The yield curve shrank 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 fell at a faster pace than short-term rates thus increasing 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.

Per Capita GDP by EU and US State, Fourth Quarter 2018

Jun 4, 2019
Per Capita Gross Domestic Product in EU and US States

The chart above shows the per capita annualized nominal gross domestic product (GDP) in each EU and US state as of the fourth quarter of 2018 in dollars, the change from the previous quarter, and the GDP one year prior.  Luxembourg is in a class all by itself.

Per Capita GDP by EU State, Fourth Quarter 2018

Jun 3, 2019
Per Capita Gross Domestic Product in EU States

The chart above shows the per capita annualized nominal gross domestic product (GDP) in each EU state as of the fourth quarter of 2018 in euros, the change from the previous quarter, and the GDP one year prior.  Luxembourg has at least double the per capita GDP of every other EU state save for Ireland.

Per Capita GDP by US State, Fourth Quarter 2018

May 31, 2019
Per Capita Gross Domestic Product in US States

The chart above shows the per capita annualized nominal gross domestic product (GDP) in each US state as of the fourth quarter of 2018 in dollars, the change from the previous quarter, and the GDP one year prior.  Every single state's per capita GDP grew both over the past quarter and the past year.

EU and US GDP by Region, Fourth Quarter 2018

May 30, 2019
Gross Domestic Product in EU and US Regions

The chart above shows the annualized nominal gross domestic product (GDP) in each EU and US region as of the fourth quarter of 2018 in millions of dollars, the change from the previous quarter, and the GDP one year prior.  The Western EU is the only EU region that has a larger GDP than any US region.

EU GDP by Region, Fourth Quarter 2018

May 29, 2019
Gross Domestic Product in EU Regions

The chart above shows the annualized nominal gross domestic product (GDP) in each EU region as of the fourth quarter of 2018 in millions of euros, the change from the previous quarter, and the GDP one year prior.  Every single region's economy grew both over the past quarter and the past year.

US GDP by Region, Fourth Quarter 2018

May 28, 2019
Gross Domestic Product in US Regions

The chart above shows the annualized nominal gross domestic product (GDP) in each US region as of the fourth quarter of 2018 in millions of dollars, the change from the previous quarter, and the GDP one year prior.  Every single region's economy grew both over the past quarter and the past year.


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