Back to signals

US Growth Surprise

Trend-surprise index focused on activity, output, and demand releases.

GrowthMonthly
Product ready

Current reading

How scores work
0.54
Direction
Improving
Strength
Strong
Data date
August 1, 2026

This strong positive reading indicates that the growth signal is improving as of August 1, 2026.

Signal history

See how the normalized reading changed over time.

124 points

Strongest drivers

Leading Index for the United StatesSupporting1.00
Housing StartsSupporting0.83
Durable Goods New OrdersSupporting0.20
Retail SalesSupporting0.13
Real Gross Domestic ProductSupporting0.10

Evidence preview

Full Evidence

No public evidence is available for this signal yet.

Sources

Nonfarm PayrollsU.S. Bureau of Labor Statistics via FRED
Real Gross Domestic ProductU.S. Bureau of Economic Analysis via FRED
Industrial ProductionFederal Reserve Board via FRED
Retail SalesU.S. Census Bureau via FRED
Durable Goods New OrdersU.S. Census Bureau via FRED
Housing StartsU.S. Census Bureau via FRED
Manufacturers' New Orders: TotalU.S. Census Bureau via FRED
Leading Index for the United StatesFederal Reserve Bank of Philadelphia via FRED

Continue your research