Release surprise
Release surprise compares releases with their own recent patterns. It does not measure the overall strength of the economy.
How to read release surprise
Positive and negative show which side of recent patterns the indexed releases favor. For growth, positive means stronger and negative means weaker. For inflation, positive means cooler and negative means hotter.
Rising means the score increased since the prior reading; falling means it decreased.
US Macro Surprise
Broad economic releases are running above their own recent patterns.
Current reading+0.25Positive
Change since prior reading+0.02Rising
Data dateOct 31, 2026US Macro Surprise
Inspect 10 release contributions
| Release | Data date | Latest | Recent average | Contribution |
|---|---|---|---|---|
| Industrial Production | Sep 1, 2026 | 103.95 | 102.10 | +2.84 |
| Real Gross Domestic Product | Jul 1, 2026 | 24611.08 | 23864.00 | +2.60 |
| Nonfarm Payrolls | Oct 1, 2026 | 159293.00 | 158719.67 | +2.28 |
| Consumer Price Index | Sep 1, 2026 | 336.30 | 329.07 | -1.87 |
| Durable Goods New Orders | Sep 1, 2026 | 345371.00 | 326092.75 | +1.71 |
| Unemployment Rate | Oct 1, 2026 | 4.10 | 4.29 | +1.61 |
| Initial Claims | Oct 31, 2026 | 189000.00 | 205961.54 | +1.61 |
| PCE Price Index | Sep 1, 2026 | 132.26 | 129.84 | -1.61 |
| Housing Starts | Sep 1, 2026 | 1221.00 | 1344.67 | -1.36 |
| Retail Sales | Sep 1, 2026 | 745021.00 | 748825.67 | -0.25 |
US Growth Surprise
Recent growth releases are running above their own recent patterns.
Current reading+0.52Positive
Change since prior reading+0.03Rising
Data dateOct 1, 2026US Growth Surprise
Inspect 8 release contributions
| Release | Data date | Latest | Recent average | Contribution |
|---|---|---|---|---|
| Industrial Production | Sep 1, 2026 | 103.95 | 102.10 | +2.84 |
| Leading Index for the United States | Feb 1, 2020 | 1.72 | 1.35 | +2.64 |
| Real Gross Domestic Product | Jul 1, 2026 | 24611.08 | 23864.00 | +2.60 |
| Nonfarm Payrolls | Oct 1, 2026 | 159293.00 | 158719.67 | +2.28 |
| Manufacturers' New Orders: Total | Sep 1, 2026 | 677247.00 | 636177.50 | +1.90 |
| Durable Goods New Orders | Sep 1, 2026 | 345371.00 | 326092.75 | +1.71 |
| Housing Starts | Sep 1, 2026 | 1221.00 | 1344.67 | -1.36 |
| Retail Sales | Sep 1, 2026 | 745021.00 | 748825.67 | -0.25 |
US Inflation Surprise
Inflation releases are running hotter than their own recent patterns.
Current reading-0.36Negative
Change since prior reading-0.13Falling
Data dateSep 1, 2026US Inflation Surprise
Inspect 8 release contributions
| Release | Data date | Latest | Recent average | Contribution |
|---|---|---|---|---|
| Core CPI | Sep 1, 2026 | 338.90 | 333.80 | -1.99 |
| Consumer Price Index | Sep 1, 2026 | 336.30 | 329.07 | -1.87 |
| Producer Price Index | Sep 1, 2026 | 295.71 | 273.99 | -1.85 |
| PCE Price Index | Sep 1, 2026 | 132.26 | 129.84 | -1.61 |
| Core PCE Price Index | Sep 1, 2026 | 130.90 | 128.94 | -1.55 |
| Dallas Fed Trimmed Mean PCE Inflation (12mo) | Sep 1, 2026 | 2.26 | 2.40 | +1.03 |
| Atlanta Fed Sticky CPI | Sep 1, 2026 | 0.28 | 0.23 | -0.59 |
| Median CPI | Sep 1, 2026 | 2.81 | 2.58 | -0.24 |