U.S. Economic Snapshot

Community Trust and Investment Company provides up-to-date information regarding the current U.S. economy. Check back periodically for updates!

For a larger illustration, click each picture.
Graphic illustration of USA index of leading indicators.

The Leading Economic Index is an indicator
intended to forecast future economic activity.

Graphic illustration of USA real GDP growth.
Gross Domestic Product (GDP) growth is used to measure
economic activity and economic growth/decline.
Graphic illustration of USA consumer price inflation.

Consumer Price Index (CPI) is a method for measuring inflation.
CPI Core is similar to CPI but does not include energy and food prices.

Graphic illustration of USA change in nonFarm employment and unemployment rate.

Nonfarm payroll in the U.S. represents any job with the exception
of farm work, private household employees, or nonprofit organization
employees. The change month over month is meant to represent
the number of jobs added or lost in the economy.

Graphic illustration of spread vs US benchmark bond, two years.

This difference in yields in the 2 year U.S. Treasury and the 10
year U.S. Treasury, otherwise known as the “2s10s” curve, historically
has been viewed as a barometer of the economic outlook. A positive
(or steep) curve signals an improving economy while an inverted curve
traditionally has been seen as a sign of a pending U.S. recession.

Graphic illustration of USA federal funds target rate.

The Federal Funds Target Rate is the rate which banks
lend reserve balances to other banks on an overnight basis.
The rate influences short-term interest rates and affects
monetary and financial conditions.

Graphic illustration of US retail sales.

Retail Sales is an economic indicator that measures consumer
demand to help gauge the pulse of an economy and its projected path.