Help CenterUS Macro Lab

US Macro Lab

A pre-loaded US economy workbench powered by FRED, BLS, and Census ACS data. Enter free API keys once, fetch ~28 CSV files, and read rule-based verdicts across economic intelligence, regional analysis, and market risk signals.

Overview

Auto-loaded snapshots

Enter your free FRED / BLS / Census API keys once — data loads automatically on every visit.

Rule-based verdicts

Every section produces a plain-language verdict — Expansion / Late-cycle / Contraction, Tight / Balanced / Slack, and more.

FRED · BLS · Census ACS

Federal Reserve FRED macro series, Bureau of Labor Statistics data, and Census ACS regional demographics — all free, all harmonized.

What's included

FRED: GDP, PCE, CPI, federal funds rate, yield curve, credit spreads, M2, housing starts
BLS: Payrolls, unemployment, JOLTS, CPI components, PPI, productivity
Census ACS: State & metro income, poverty, education, population by age and race
Refresh: Re-fetch any time — most FRED / BLS series update monthly

What you can do

Read verdicts: Expansion / Late-cycle / Recession, Tight / Balanced / Slack per axis
Regime cockpit: See where the US sits in the macro cycle with historical analogs
Regional drill: State + metro breakdowns for labor, income, housing, and demographics
Project trends: OLS / scenario fan / HP cycle in Forecasting Lab

When you open the app you land on the Overview — a rundown of the data sources (FRED, BLS, Census ACS) plus cards for every page.

Overview (landing)
Overview (landing)data-source rundown + page-catalog cards

How it works

US Macro fetches live data using your own free API keys. Keys are stored in your browser — they never leave your device.

The same controls on every page

Add keys & fetch: Enter your free FRED / BLS / Census keys in Data Hub and click Fetch All — keys stay in your browser, never on our servers.
Read the verdict: Every section has a verdict band with a short reasoning blurb — nothing to configure.
Open the Guide: Every page has an ⓘ Guide button that explains how to read that screen — definitions and thresholds, no setup needed.
Adjust the window: Most charts have a 5y / 10y / 20y toggle — zoom in on the recent cycle or out to the long run.
Preview & download: The Data Hub page lets you preview and download any CSV for offline work.

Data Hub — keys, fetch & download

The Data Hub is where you enter your API keys and click Fetch All. It also lists every loaded CSV with its type, row count, size, and source (FRED, BLS, Census ACS) — preview rows in a side modal, or download files individually or in bulk. It looks roughly like this:

Data Hub
Data HubAPI keys + fetch, preview & download — FRED, BLS, Census ACS

Reading a page

Open any page and you get a one-screen read — a verdict band on top, a few dimension cards, then tabs and a findings list. The layout reads like this:

Reading a page
Reading a pageverdict band → tabs → findings

Charts & tables

Keep scrolling and you reach the KPI tiles, then the charts and tables for that view — most with a 5y / 10y / 20y window toggle. Each page shows different ones; here's one example:

Charts & tables
Charts & tablesexample — one chart with a 5y / 10y / 20y window toggle

The in-app Guide

The ⓘ Guide button on each page opens a panel explaining that screen's tiles, thresholds, and verdicts. Each page has its own — for example:

In-app Guide
In-app Guidethe ⓘ Guide — how to read each screen

Page categories

US Macro organizes its 28 pages into 7 sidebar categories.

Overview

Landing page with data-source rundown and page catalog.

1 page

Data Hub

API key management, fetch controls, CSV preview & download.

1 page

Cockpit

Macro Regime Cockpit — 4-pillar classifier with historical analogs.

1 page

Economic Intelligence

GDP, inflation, labor, housing, credit, and regional views.

10 pages

Regional Analysis

State-level and metro-area economic and demographic breakdowns.

8 pages

Market & Risk Signals

Yield curve, credit spreads, recession probability, and leading indicators.

4 pages

Research

Forecasting Lab — trend / scenario / cycle / correlation projections.

3 pages

All pages

All 17 pages organized into 7 categories. Each page is self-contained — open it, browse the verdicts, and use the in-page Guide button for detail.

Overview

· 1 page

Landing screen — data sources, how to fetch, and page catalog.

Overview

landingcatalog

Data-source rundown + page catalog. Read this first.

What it shows

  • Lists FRED, BLS, and Census ACS sources with descriptions
  • Shows how many datasets are currently in memory
  • Cards for every page — click to navigate

Data Hub

· 1 page

API key management, fetch controls, and CSV inventory.

Data Hub

api keysfetchcsv

Enter API keys, fetch all datasets, preview and download any CSV.

What it shows

  • API key inputs for FRED, BLS, and Census ACS (stored locally in browser)
  • Fetch All button — pulls ~28 CSV files in under a minute
  • Search by file name, key, or description
  • Preview first 100 rows of any CSV in a modal
  • Download individual files or bulk-export the filtered set

Cockpit

· 1 page

High-level macro regime classification with historical context.

Macro Regime Cockpit

regimecycle

4-pillar regime classifier — where is the US in the macro cycle?

What it shows

  • Four pillars: Growth, Inflation, Labor, Financial Conditions
  • Regime verdict: Expansion / Goldilocks / Late-cycle / Overheating / Stagflation / Recession
  • Historical analogs — past periods that most resemble the current configuration
  • Risk signals — indicators flashing caution or warning

Economic Intelligence

· 5 pages

Deep dives into the main macro aggregates.

GDP & Growth

4 tabsgrowth

Real GDP trajectory, demand decomposition, and growth regime.

What it shows

  • Real GDP growth — level, YoY, and 5y rolling average
  • Demand decomposition — consumption / investment / government / net exports shares
  • Regime: Expansion / Moderate / Slowdown / Contraction

Inflation & Prices

4 tabsinflation

CPI, PCE, PPI, and inflation expectations.

What it shows

  • Headline vs core CPI and PCE
  • Component breakdown — shelter, energy, food, services
  • Breakeven inflation (5y / 10y) from TIPS spreads

Labor Market

4 tabslabor

Employment, unemployment, wages, and labor force participation.

What it shows

  • Payrolls — monthly change, 3m and 12m averages
  • Unemployment rate with U-3, U-6, and participation rate
  • JOLTS — job openings, hires, quits, layoffs
  • Average hourly earnings — nominal and real

Housing Market

4 tabshousing

Construction activity, home prices, affordability, and permits.

What it shows

  • Housing starts and permits — total, single-family, multi-family
  • Case-Shiller home price index
  • Affordability index — income vs mortgage payment ratio

Credit & Money

4 tabscredit

Bank credit, consumer debt, M2, and financial conditions.

What it shows

  • Bank credit — total loans and leases, YoY growth
  • Consumer credit — revolving vs non-revolving
  • M2 money supply — level and YoY growth
  • Financial conditions index

Regional Analysis

· 4 pages

State-level and metro-area economic and demographic breakdowns.

State Economy

statemap

State-level GDP, employment, and income trends.

What it shows

  • GDP by state — level, growth, and share of national GDP
  • State unemployment rates vs national benchmark
  • Per-capita income by state + 5y trend
  • Choropleth map view for any indicator

Metro Areas

metroMSA

MSA-level labor market and economic data.

What it shows

  • Top 50 metro areas by employment and GDP
  • Metro unemployment vs national average
  • Job growth rankings — fastest / slowest growing metros

Demographics

Census ACSdemographics

Population, age structure, education, and migration.

What it shows

  • Population by state — level and growth rate
  • Age distribution — share 65+, share under 18
  • Educational attainment — bachelor's+ share by state
  • Migration flows — net domestic migration by state

Regional Housing

housingstate

State and metro-level housing costs and affordability.

What it shows

  • Median home prices by state — level and YoY change
  • Rent burden — % of income spent on rent
  • Homeownership rate by state
  • Vacancy rates — rental and ownership

Market & Risk Signals

· 4 pages

Forward-looking indicators of recession risk and financial stress.

Yield Curve

recessiontreasury

10y–2y and 10y–3m spreads as recession predictors.

What it shows

  • Spread levels — current vs historical thresholds
  • Inversion depth and duration
  • Full yield curve at snapshots
  • Verdict: Normal / Flattening / Inverted

Recession Probability

recessionprobability

Model-based recession probability from leading indicators.

What it shows

  • Smoothed recession probability from NBER-aligned model
  • Leading Economic Index (LEI) components
  • Probit model probability from yield curve + unemployment
  • Signal: Low / Elevated / High risk

Credit Spreads

creditrisk

IG and high-yield spreads as financial stress gauges.

What it shows

  • IG OAS — Baa spread over Treasuries
  • HY OAS — high yield spread, recession threshold at ~600 bps
  • Spread regime: Compressed / Normal / Wide / Distress

Leading Indicators

leadingPMI

Composite leading indicators and diffusion indexes.

What it shows

  • Conference Board LEI — 10 components, 6m change
  • ISM Manufacturing PMI — expansion/contraction boundary at 50
  • Chicago Fed NFCI — national financial conditions index

Research

· 1 page

Forward-looking projections, decomposition, and correlation analysis.

Forecasting Lab

3 tabsprojection

OLS / scenario / cycle / correlation analysis on any US macro series.

What it shows

  • Trend — OLS projection with prediction-interval fan + slope classification
  • Scenario — bull / base / bear CAGR fan
  • Cycle — HP-filter decomposition with cyclicality verdict
  • Correlation — cross-series correlation matrix + best-lag KPI