MacroGlobal economic cycle and policy indicators
MARKET CHARTS

Business Activity Cycle Index (BACI)

The Business Activity Cycle Index tracks the direction and momentum of economic activity across growth, labor, inflation and financial conditions. Values above the long-term midpoint indicate broadening expansion.

Current54.2 +3.8
12M high96.4Apr 2025
12M low31.8Nov 2025
Cycle phaseRecoveryImproving
ECONOMIC INDICATORS

Key Macro Data

Last updated: Oct 21, 2026
Neutral

Federal Funds Rate

US · Latest
4.75%0.0%
Elevated

US Core CPI

US · Latest
2.6%+0.2%
Positive

Retail Sales

United States · Sep 2026
0.7%+0.3%
High

Industrial Production

United States · Sep 2026
1.2%+0.1%