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Econbrowseranalysis

Business Cycle Indicators: GDP, Personal Income, Mfg & Trade Industry Sales, Consumption

Econbrowser
Sunday, February 22, 2026 at 7:15 PM
~4 min read
Labor MarketTrade

Original Report

NBER Business Cycle Dating Committee (BCDC) key variables: Figure 1: Implied NFP preliminary benchmark revision (thin blue), post-benchmark NFP (bold blue), civilian employment with smoothed...

NBER Business Cycle Dating Committee (BCDC) key variables: Figure 1: Implied NFP preliminary benchmark revision (thin blue), post-benchmark NFP (bold blue), civilian employment with smoothed population controls (bold orange), industrial production (red), personal income excluding current transfers in Ch.2017$ (bold light green), manufacturing and trade sales in Ch.2017$ (black), and monthly GDP in Ch.2017$ (pink),GDP (blue […]

Glass House Analysis

Labor market conditions shape the lived experience of millions of working families. When jobs are plentiful, workers have leverage to demand better wages and conditions; when they're scarce, the balance of power shifts to employers. This dynamic plays out daily in kitchen tables across America, where families make decisions about whether to ask for a raise, change jobs, or accept less-than-ideal conditions out of necessity.

International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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