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Dataset specifications / FLP

Financial Liquidity Proxy

A bounded liquidity-regime score for classifying the state of the financial-liquidity cycle and studying changes within it.

See the index outputs

Actual historical observations.

Finished Skylark index values from the company’s publishing and research sheets. These are real observations, not synthetic API examples. Formulas, constituent inputs, weights and private workbook details are not included.

sky.flp.weekly · Weekly · Linear scale

Financial Liquidity Proxy

2026-10-25
59.95

Financial Liquidity Proxy: 836 weekly observations from 2010-10-24 through 2026-10-25Actual finished index values. Read-only historical snapshot. Units: Index score (0–100). No asset overlay or forward shift. Gray bands show retrospectively dated NBER U.S. recessions, from the month after the peak through the trough month. Individual observation titles are available on pointer hover.U.S. recession: 2020-03 through 2020-04 (NBER)2010201420182022202602550751002010-10-24 · 73.352010-10-31 · 69.612010-11-07 · 72.862010-11-14 · 66.622010-11-21 · 77.282010-11-28 · 76.592010-12-05 · 78.992010-12-12 · 77.272010-12-19 · 76.442010-12-26 · 76.252011-01-02 · 74.52011-01-09 · 77.382011-01-16 · 77.332011-01-23 · 74.332011-01-30 · 72.32011-02-06 · 74.822011-02-13 · 75.922011-02-20 · 79.422011-02-27 · 73.82011-03-06 · 74.792011-03-13 · 65.072011-03-20 · 57.222011-03-27 · 61.472011-04-03 · 60.522011-04-10 · 60.32011-04-17 · 58.622011-04-24 · 60.522011-05-01 · 65.662011-05-08 · 62.162011-05-15 · 59.692011-05-22 · 53.832011-05-29 · 55.882011-06-05 · 55.762011-06-12 · 51.542011-06-19 · 54.412011-06-26 · 57.852011-07-03 · 61.142011-07-10 · 60.332011-07-17 · 43.852011-07-24 · 48.032011-07-31 · 41.872011-08-07 · 30.282011-08-14 · 32.482011-08-21 · 30.52011-08-28 · 34.762011-09-04 · 32.662011-09-11 · 30.32011-09-18 · 35.672011-09-25 · 34.192011-10-02 · 33.572011-10-09 · 31.152011-10-16 · 35.192011-10-23 · 46.012011-10-30 · 46.52011-11-06 · 44.442011-11-13 · 50.52011-11-20 · 44.772011-11-27 · 42.652011-12-04 · 42.672011-12-11 · 44.272011-12-18 · 44.892011-12-25 · 44.12012-01-01 · 46.892012-01-08 · 50.482012-01-15 · 50.312012-01-22 · 49.362012-01-29 · 482012-02-05 · 46.452012-02-12 · 50.512012-02-19 · 51.572012-02-26 · 57.472012-03-04 · 64.722012-03-11 · 63.332012-03-18 · 65.592012-03-25 · 69.982012-04-01 · 66.852012-04-08 · 63.222012-04-15 · 57.322012-04-22 · 58.912012-04-29 · 58.152012-05-06 · 55.862012-05-13 · 50.062012-05-20 · 46.872012-05-27 · 47.832012-06-03 · 45.042012-06-10 · 49.842012-06-17 · 52.982012-06-24 · 47.332012-07-01 · 53.172012-07-08 · 54.812012-07-15 · 56.22012-07-22 · 58.72012-07-29 · 58.982012-08-05 · 58.612012-08-12 · 63.522012-08-19 · 65.532012-08-26 · 69.22012-09-02 · 68.182012-09-09 · 77.832012-09-16 · 76.892012-09-23 · 74.262012-09-30 · 71.722012-10-07 · 69.162012-10-14 · 64.232012-10-21 · 64.122012-10-28 · 59.262012-11-04 · 56.352012-11-11 · 49.662012-11-18 · 45.142012-11-25 · 50.032012-12-02 · 53.122012-12-09 · 55.342012-12-16 · 51.572012-12-23 · 49.112012-12-30 · 47.912013-01-06 · 57.62013-01-13 · 57.432013-01-20 · 63.092013-01-27 · 64.32013-02-03 · 66.292013-02-10 · 65.282013-02-17 · 70.632013-02-24 · 75.442013-03-03 · 71.452013-03-10 · 70.182013-03-17 · 68.262013-03-24 · 69.652013-03-31 · 68.042013-04-07 · 70.582013-04-14 · 65.832013-04-21 · 61.72013-04-28 · 64.522013-05-05 · 66.522013-05-12 · 68.72013-05-19 · 70.262013-05-26 · 69.052013-06-02 · 64.232013-06-09 · 63.962013-06-16 · 60.342013-06-23 · 54.122013-06-30 · 56.372013-07-07 · 56.942013-07-14 · 59.722013-07-21 · 58.372013-07-28 · 60.452013-08-04 · 57.82013-08-11 · 52.882013-08-18 · 49.362013-08-25 · 49.272013-09-01 · 47.552013-09-08 · 51.62013-09-15 · 54.372013-09-22 · 58.452013-09-29 · 61.252013-10-06 · 59.032013-10-13 · 59.852013-10-20 · 59.12013-10-27 · 61.582013-11-03 · 632013-11-10 · 63.872013-11-17 · 68.422013-11-24 · 71.542013-12-01 · 70.712013-12-08 · 70.472013-12-15 · 66.242013-12-22 · 67.692013-12-29 · 66.642014-01-05 · 68.452014-01-12 · 69.092014-01-19 · 68.632014-01-26 · 56.552014-02-02 · 52.492014-02-09 · 52.072014-02-16 · 53.932014-02-23 · 53.442014-03-02 · 54.652014-03-09 · 53.22014-03-16 · 51.322014-03-23 · 55.152014-03-30 · 51.972014-04-06 · 50.52014-04-13 · 47.372014-04-20 · 50.272014-04-27 · 48.732014-05-04 · 55.582014-05-11 · 57.572014-05-18 · 56.362014-05-25 · 56.292014-06-01 · 58.072014-06-08 · 57.332014-06-15 · 52.462014-06-22 · 57.072014-06-29 · 54.082014-07-06 · 57.872014-07-13 · 57.522014-07-20 · 65.412014-07-27 · 60.292014-08-03 · 53.592014-08-10 · 51.332014-08-17 · 50.332014-08-24 · 52.982014-08-31 · 51.092014-09-07 · 47.562014-09-14 · 43.482014-09-21 · 50.082014-09-28 · 46.412014-10-05 · 46.342014-10-12 · 34.742014-10-19 · 34.272014-10-26 · 39.742014-11-02 · 43.612014-11-09 · 47.312014-11-16 · 49.692014-11-23 · 51.772014-11-30 · 51.182014-12-07 · 48.942014-12-14 · 44.562014-12-21 · 46.812014-12-28 · 45.582015-01-04 · 43.82015-01-11 · 47.652015-01-18 · 52.382015-01-25 · 49.962015-02-01 · 43.922015-02-08 · 43.812015-02-15 · 46.62015-02-22 · 46.512015-03-01 · 47.462015-03-08 · 44.892015-03-15 · 46.642015-03-22 · 52.052015-03-29 · 48.882015-04-05 · 49.622015-04-12 · 53.742015-04-19 · 49.142015-04-26 · 53.192015-05-03 · 52.862015-05-10 · 57.372015-05-17 · 55.792015-05-24 · 52.972015-05-31 · 50.262015-06-07 · 46.112015-06-14 · 49.132015-06-21 · 52.182015-06-28 · 51.52015-07-05 · 50.72015-07-12 · 54.832015-07-19 · 55.342015-07-26 · 56.792015-08-02 · 55.132015-08-09 · 55.222015-08-16 · 52.822015-08-23 · 43.752015-08-30 · 48.32015-09-06 · 48.112015-09-13 · 49.652015-09-20 · 48.172015-09-27 · 45.412015-10-04 · 46.662015-10-11 · 52.982015-10-18 · 50.562015-10-25 · 51.132015-11-01 · 52.712015-11-08 · 54.742015-11-15 · 50.292015-11-22 · 53.152015-11-29 · 64.042015-12-06 · 60.222015-12-13 · 60.522015-12-20 · 61.942015-12-27 · 64.442016-01-03 · 65.592016-01-10 · 58.732016-01-17 · 52.372016-01-24 · 52.842016-01-31 · 50.652016-02-07 · 46.62016-02-14 · 43.72016-02-21 · 48.772016-02-28 · 48.482016-03-06 · 48.882016-03-13 · 51.452016-03-20 · 54.892016-03-27 · 53.222016-04-03 · 53.682016-04-10 · 51.822016-04-17 · 58.882016-04-24 · 63.892016-05-01 · 59.072016-05-08 · 57.442016-05-15 · 61.922016-05-22 · 62.742016-05-29 · 64.652016-06-05 · 61.732016-06-12 · 59.792016-06-19 · 56.22016-06-26 · 46.372016-07-03 · 52.762016-07-10 · 49.522016-07-17 · 53.792016-07-24 · 53.832016-07-31 · 54.862016-08-07 · 56.352016-08-14 · 58.422016-08-21 · 60.322016-08-28 · 57.972016-09-04 · 55.232016-09-11 · 53.082016-09-18 · 53.852016-09-25 · 53.852016-10-02 · 61.612016-10-09 · 55.432016-10-16 · 55.32016-10-23 · 54.312016-10-30 · 512016-11-06 · 44.092016-11-13 · 54.512016-11-20 · 55.42016-11-27 · 56.342016-12-04 · 58.632016-12-11 · 62.322016-12-18 · 67.52016-12-25 · 67.572017-01-01 · 63.632017-01-08 · 60.832017-01-15 · 60.322017-01-22 · 62.842017-01-29 · 63.732017-02-05 · 65.352017-02-12 · 72.032017-02-19 · 70.372017-02-26 · 70.972017-03-05 · 70.362017-03-12 · 71.932017-03-19 · 68.962017-03-26 · 62.862017-04-02 · 66.62017-04-09 · 68.912017-04-16 · 65.792017-04-23 · 67.652017-04-30 · 69.462017-05-07 · 66.482017-05-14 · 67.652017-05-21 · 65.162017-05-28 · 64.132017-06-04 · 66.652017-06-11 · 66.52017-06-18 · 68.752017-06-25 · 67.872017-07-02 · 68.432017-07-09 · 65.72017-07-16 · 64.122017-07-23 · 66.882017-07-30 · 67.42017-08-06 · 65.552017-08-13 · 64.592017-08-20 · 60.842017-08-27 · 64.482017-09-03 · 64.432017-09-10 · 59.862017-09-17 · 61.242017-09-24 · 61.952017-10-01 · 63.62017-10-08 · 66.642017-10-15 · 66.432017-10-22 · 68.712017-10-29 · 68.332017-11-05 · 68.792017-11-12 · 62.712017-11-19 · 65.22017-11-26 · 70.632017-12-03 · 69.342017-12-10 · 66.772017-12-17 · 68.52017-12-24 · 64.82017-12-31 · 63.232018-01-07 · 63.272018-01-14 · 61.792018-01-21 · 60.172018-01-28 · 58.692018-02-04 · 48.882018-02-11 · 42.272018-02-18 · 49.632018-02-25 · 51.912018-03-04 · 45.782018-03-11 · 45.742018-03-18 · 46.032018-03-25 · 43.442018-04-01 · 44.892018-04-08 · 45.952018-04-15 · 46.782018-04-22 · 46.472018-04-29 · 47.82018-05-06 · 46.252018-05-13 · 53.112018-05-20 · 56.942018-05-27 · 522018-06-03 · 51.52018-06-10 · 57.982018-06-17 · 56.042018-06-24 · 55.572018-07-01 · 55.582018-07-08 · 58.122018-07-15 · 58.52018-07-22 · 54.752018-07-29 · 55.922018-08-05 · 57.22018-08-12 · 57.072018-08-19 · 51.032018-08-26 · 53.692018-09-02 · 56.022018-09-09 · 51.392018-09-16 · 50.262018-09-23 · 53.242018-09-30 · 56.422018-10-07 · 57.712018-10-14 · 48.352018-10-21 · 47.252018-10-28 · 41.962018-11-04 · 42.732018-11-11 · 42.922018-11-18 · 42.492018-11-25 · 39.352018-12-02 · 42.692018-12-09 · 37.282018-12-16 · 37.612018-12-23 · 34.362018-12-30 · 34.862019-01-06 · 35.922019-01-13 · 36.72019-01-20 · 39.042019-01-27 · 37.572019-02-03 · 39.12019-02-10 · 35.22019-02-17 · 41.172019-02-24 · 43.462019-03-03 · 48.332019-03-10 · 42.342019-03-17 · 51.932019-03-24 · 52.012019-03-31 · 62.852019-04-07 · 65.162019-04-14 · 63.752019-04-21 · 64.72019-04-28 · 64.952019-05-05 · 63.812019-05-12 · 61.182019-05-19 · 65.792019-05-26 · 56.12019-06-02 · 49.362019-06-09 · 52.362019-06-16 · 57.142019-06-23 · 56.752019-06-30 · 59.022019-07-07 · 56.572019-07-14 · 55.982019-07-21 · 54.122019-07-28 · 54.272019-08-04 · 48.562019-08-11 · 50.562019-08-18 · 53.412019-08-25 · 52.792019-09-01 · 52.782019-09-08 · 57.192019-09-15 · 54.932019-09-22 · 52.222019-09-29 · 45.32019-10-06 · 40.062019-10-13 · 44.42019-10-20 · 43.332019-10-27 · 48.992019-11-03 · 50.082019-11-10 · 56.212019-11-17 · 57.282019-11-24 · 55.62019-12-01 · 59.22019-12-08 · 59.042019-12-15 · 58.252019-12-22 · 58.562019-12-29 · 62.012020-01-05 · 63.922020-01-12 · 72.22020-01-19 · 71.022020-01-26 · 67.782020-02-02 · 62.472020-02-09 · 68.232020-02-16 · 70.482020-02-23 · 62.622020-03-01 · 53.142020-03-08 · 51.672020-03-15 · 43.452020-03-22 · 44.182020-03-29 · 50.442020-04-05 · 48.972020-04-12 · 50.552020-04-19 · 49.942020-04-26 · 51.222020-05-03 · 50.72020-05-10 · 52.892020-05-17 · 49.532020-05-24 · 51.342020-05-31 · 55.742020-06-07 · 62.792020-06-14 · 60.352020-06-21 · 72.822020-06-28 · 73.892020-07-05 · 73.292020-07-12 · 72.532020-07-19 · 72.242020-07-26 · 71.782020-08-02 · 72.672020-08-09 · 73.762020-08-16 · 73.112020-08-23 · 74.362020-08-30 · 74.472020-09-06 · 66.022020-09-13 · 60.272020-09-20 · 67.172020-09-27 · 63.552020-10-04 · 68.122020-10-11 · 66.282020-10-18 · 65.892020-10-25 · 61.262020-11-01 · 55.82020-11-08 · 59.192020-11-15 · 60.62020-11-22 · 58.812020-11-29 · 57.152020-12-06 · 55.662020-12-13 · 60.092020-12-20 · 60.872020-12-27 · 62.312021-01-03 · 63.82021-01-10 · 62.192021-01-17 · 58.792021-01-24 · 60.822021-01-31 · 62.882021-02-07 · 70.422021-02-14 · 69.482021-02-21 · 66.712021-02-28 · 66.172021-03-07 · 68.562021-03-14 · 69.642021-03-21 · 66.312021-03-28 · 69.272021-04-04 · 69.692021-04-11 · 68.482021-04-18 · 67.422021-04-25 · 66.722021-05-02 · 66.992021-05-09 · 70.82021-05-16 · 65.512021-05-23 · 62.842021-05-30 · 63.62021-06-06 · 64.182021-06-13 · 63.122021-06-20 · 54.442021-06-27 · 59.662021-07-04 · 59.152021-07-11 · 58.032021-07-18 · 54.242021-07-25 · 55.872021-08-01 · 60.462021-08-08 · 59.732021-08-15 · 59.742021-08-22 · 63.082021-08-29 · 65.042021-09-05 · 66.462021-09-12 · 63.472021-09-19 · 57.22021-09-26 · 62.622021-10-03 · 55.372021-10-10 · 54.412021-10-17 · 56.782021-10-24 · 59.982021-10-31 · 58.782021-11-07 · 59.232021-11-14 · 56.72021-11-21 · 57.312021-11-28 · 52.452021-12-05 · 48.952021-12-12 · 52.712021-12-19 · 49.982021-12-26 · 55.172022-01-02 · 55.112022-01-09 · 53.562022-01-16 · 52.712022-01-23 · 43.042022-01-30 · 43.822022-02-06 · 41.542022-02-13 · 35.832022-02-20 · 34.032022-02-27 · 31.782022-03-06 · 30.262022-03-13 · 32.022022-03-20 · 32.332022-03-27 · 36.922022-04-03 · 33.432022-04-10 · 31.542022-04-17 · 32.72022-04-24 · 29.62022-05-01 · 34.142022-05-08 · 31.772022-05-15 · 29.842022-05-22 · 30.932022-05-29 · 38.292022-06-05 · 40.152022-06-12 · 41.572022-06-19 · 38.772022-06-26 · 36.682022-07-03 · 34.842022-07-10 · 37.942022-07-17 · 39.372022-07-24 · 42.852022-07-31 · 47.752022-08-07 · 49.852022-08-14 · 53.462022-08-21 · 55.052022-08-28 · 52.112022-09-04 · 45.952022-09-11 · 46.782022-09-18 · 46.952022-09-25 · 47.122022-10-02 · 43.212022-10-09 · 43.22022-10-16 · 41.262022-10-23 · 41.632022-10-30 · 42.272022-11-06 · 40.892022-11-13 · 41.082022-11-20 · 38.532022-11-27 · 39.612022-12-04 · 46.962022-12-11 · 46.752022-12-18 · 42.392022-12-25 · 45.152023-01-01 · 49.832023-01-08 · 52.112023-01-15 · 56.912023-01-22 · 56.532023-01-29 · 55.362023-02-05 · 53.662023-02-12 · 51.922023-02-19 · 51.592023-02-26 · 48.862023-03-05 · 50.892023-03-12 · 40.932023-03-19 · 44.982023-03-26 · 50.42023-04-02 · 53.582023-04-09 · 53.32023-04-16 · 53.292023-04-23 · 49.272023-04-30 · 49.712023-05-07 · 46.912023-05-14 · 45.072023-05-21 · 47.872023-05-28 · 47.142023-06-04 · 49.852023-06-11 · 47.422023-06-18 · 58.672023-06-25 · 57.332023-07-02 · 59.312023-07-09 · 51.852023-07-16 · 56.832023-07-23 · 57.362023-07-30 · 61.032023-08-06 · 55.142023-08-13 · 56.442023-08-20 · 52.782023-08-27 · 51.82023-09-03 · 53.532023-09-10 · 51.682023-09-17 · 50.992023-09-24 · 43.862023-10-01 · 40.782023-10-08 · 37.812023-10-15 · 40.382023-10-22 · 31.932023-10-29 · 31.282023-11-05 · 34.482023-11-12 · 40.292023-11-19 · 44.952023-11-26 · 50.052023-12-03 · 52.642023-12-10 · 52.642023-12-17 · 55.062023-12-24 · 55.972023-12-31 · 60.262024-01-07 · 61.12024-01-14 · 61.112024-01-21 · 62.892024-01-28 · 71.732024-02-04 · 73.062024-02-11 · 73.52024-02-18 · 73.472024-02-25 · 71.532024-03-03 · 70.042024-03-10 · 69.152024-03-17 · 70.662024-03-24 · 69.952024-03-31 · 71.072024-04-07 · 68.932024-04-14 · 64.682024-04-21 · 58.872024-04-28 · 59.232024-05-05 · 57.62024-05-12 · 58.882024-05-19 · 59.272024-05-26 · 57.72024-06-02 · 56.462024-06-09 · 55.882024-06-16 · 53.012024-06-23 · 50.62024-06-30 · 48.852024-07-07 · 46.212024-07-14 · 50.892024-07-21 · 52.372024-07-28 · 56.712024-08-04 · 44.732024-08-11 · 46.52024-08-18 · 47.272024-08-25 · 48.472024-09-01 · 49.172024-09-08 · 43.232024-09-15 · 46.442024-09-22 · 47.852024-09-29 · 47.362024-10-06 · 46.952024-10-13 · 50.882024-10-20 · 46.592024-10-27 · 48.592024-11-03 · 48.092024-11-10 · 60.122024-11-17 · 60.62024-11-24 · 59.32024-12-01 · 61.542024-12-08 · 64.762024-12-15 · 72.062024-12-22 · 65.842024-12-29 · 63.562025-01-05 · 62.692025-01-12 · 60.772025-01-19 · 62.052025-01-26 · 64.232025-02-02 · 63.522025-02-09 · 64.972025-02-16 · 60.942025-02-23 · 58.342025-03-02 · 55.142025-03-09 · 48.322025-03-16 · 43.882025-03-23 · 42.692025-03-30 · 41.42025-04-06 · 31.942025-04-13 · 38.162025-04-20 · 38.622025-04-27 · 38.952025-05-04 · 41.392025-05-11 · 45.152025-05-18 · 48.212025-05-25 · 47.792025-06-01 · 49.222025-06-08 · 50.912025-06-15 · 55.072025-06-22 · 55.942025-06-29 · 56.642025-07-06 · 60.232025-07-13 · 73.12025-07-20 · 71.782025-07-27 · 78.512025-08-03 · 74.72025-08-10 · 73.432025-08-17 · 71.972025-08-24 · 69.922025-08-31 · 68.442025-09-07 · 70.212025-09-14 · 70.242025-09-21 · 70.512025-09-28 · 72.472025-10-05 · 70.382025-10-12 · 62.632025-10-19 · 61.122025-10-26 · 60.762025-11-02 · 57.892025-11-09 · 57.392025-11-16 · 52.382025-11-23 · 47.372025-11-30 · 52.042025-12-07 · 56.232025-12-14 · 52.612025-12-21 · 48.812025-12-28 · 46.152026-01-04 · 45.082026-01-11 · 44.332026-01-18 · 48.852026-01-25 · 47.452026-02-01 · 45.162026-02-08 · 47.232026-02-15 · 47.292026-02-22 · 51.562026-03-01 · 55.242026-03-08 · 41.192026-03-15 · 38.512026-03-22 · 37.52026-03-29 · 37.492026-04-05 · 44.882026-04-12 · 47.912026-04-19 · 54.352026-04-26 · 54.722026-05-03 · 55.192026-05-10 · 57.342026-05-17 · 55.262026-05-24 · 58.762026-05-31 · 57.772026-06-07 · 52.032026-06-14 · 60.342026-06-21 · 60.142026-06-28 · 62.052026-07-05 · 65.772026-07-12 · 61.52026-07-19 · 58.392026-07-26 · 54.342026-08-02 · 55.62026-08-09 · 58.142026-08-16 · 56.142026-08-23 · 57.332026-08-30 · 56.232026-09-06 · 57.352026-09-13 · 59.692026-09-20 · 56.152026-09-27 · 56.412026-10-04 · 58.692026-10-11 · 57.082026-10-18 · 58.142026-10-25 · 59.95
U.S. recessions · Source: NBER
Index score (0–100) · 2010-10-24–2026-10-25 · 836 observations. Snapshot retrieved 2026-10-30. Observe regime levels and changes separately; a level is not a standalone trading instruction.
sky.flp.monthly · Monthly · Linear scale

Financial Liquidity Proxy

2026-10-01
58.13

Financial Liquidity Proxy: 1328 monthly observations from 1916-03-01 through 2026-10-01Actual finished index values. Read-only historical snapshot. Units: Index score (0–100). No asset overlay or forward shift. Gray bands show retrospectively dated NBER U.S. recessions, from the month after the peak through the trough month. Individual observation titles are available on pointer hover.U.S. recession: 1918-09 through 1919-03 (NBER)U.S. recession: 1920-02 through 1921-07 (NBER)U.S. recession: 1923-06 through 1924-07 (NBER)U.S. recession: 1926-11 through 1927-11 (NBER)U.S. recession: 1929-09 through 1933-03 (NBER)U.S. recession: 1937-06 through 1938-06 (NBER)U.S. recession: 1945-03 through 1945-10 (NBER)U.S. recession: 1948-12 through 1949-10 (NBER)U.S. recession: 1953-08 through 1954-05 (NBER)U.S. recession: 1957-09 through 1958-04 (NBER)U.S. recession: 1960-05 through 1961-02 (NBER)U.S. recession: 1970-01 through 1970-11 (NBER)U.S. recession: 1973-12 through 1975-03 (NBER)U.S. recession: 1980-02 through 1980-07 (NBER)U.S. recession: 1981-08 through 1982-11 (NBER)U.S. recession: 1990-08 through 1991-03 (NBER)U.S. recession: 2001-04 through 2001-11 (NBER)U.S. recession: 2008-01 through 2009-06 (NBER)U.S. recession: 2020-03 through 2020-04 (NBER)1916194319711999202602550751001916-03-01 · 76.061916-04-01 · 73.881916-05-01 · 72.491916-06-01 · 64.81916-07-01 · 72.581916-08-01 · 71.491916-09-01 · 74.461916-10-01 · 72.151916-11-01 · 67.161916-12-01 · 49.671917-01-01 · 48.721917-02-01 · 42.641917-03-01 · 56.381917-04-01 · 52.151917-05-01 · 53.891917-06-01 · 55.561917-07-01 · 49.951917-08-01 · 44.771917-09-01 · 45.081917-10-01 · 36.31917-11-01 · 21.831917-12-01 · 23.011918-01-01 · 28.221918-02-01 · 35.31918-03-01 · 32.141918-04-01 · 36.081918-05-01 · 29.691918-06-01 · 38.641918-07-01 · 31.691918-08-01 · 35.091918-09-01 · 41.571918-10-01 · 53.071918-11-01 · 46.751918-12-01 · 62.331919-01-01 · 62.861919-02-01 · 65.61919-03-01 · 64.121919-04-01 · 67.61919-05-01 · 82.961919-06-01 · 83.11919-07-01 · 82.961919-08-01 · 76.371919-09-01 · 81.881919-10-01 · 841919-11-01 · 64.291919-12-01 · 65.681920-01-01 · 67.191920-02-01 · 55.651920-03-01 · 62.41920-04-01 · 54.611920-05-01 · 51.61920-06-01 · 48.811920-07-01 · 38.431920-08-01 · 36.951920-09-01 · 35.391920-10-01 · 38.091920-11-01 · 29.171920-12-01 · 21.191921-01-01 · 30.431921-02-01 · 26.331921-03-01 · 28.411921-04-01 · 38.671921-05-01 · 20.131921-06-01 · 22.051921-07-01 · 22.91921-08-01 · 22.781921-09-01 · 31.881921-10-01 · 35.61921-11-01 · 43.841921-12-01 · 45.471922-01-01 · 56.81922-02-01 · 67.441922-03-01 · 66.941922-04-01 · 71.261922-05-01 · 73.471922-06-01 · 66.511922-07-01 · 77.81922-08-01 · 89.231922-09-01 · 82.091922-10-01 · 82.561922-11-01 · 78.041922-12-01 · 78.741923-01-01 · 75.121923-02-01 · 76.841923-03-01 · 74.581923-04-01 · 64.721923-05-01 · 60.31923-06-01 · 46.281923-07-01 · 39.821923-08-01 · 50.551923-09-01 · 40.851923-10-01 · 36.811923-11-01 · 44.871923-12-01 · 49.41924-01-01 · 55.731924-02-01 · 49.541924-03-01 · 45.451924-04-01 · 37.181924-05-01 · 37.471924-06-01 · 48.121924-07-01 · 53.951924-08-01 · 65.371924-09-01 · 66.021924-10-01 · 61.761924-11-01 · 74.811924-12-01 · 78.831925-01-01 · 78.511925-02-01 · 75.351925-03-01 · 65.161925-04-01 · 70.921925-05-01 · 82.551925-06-01 · 85.251925-07-01 · 86.991925-08-01 · 87.191925-09-01 · 86.41925-10-01 · 88.471925-11-01 · 83.971925-12-01 · 83.761926-01-01 · 83.581926-02-01 · 77.51926-03-01 · 61.561926-04-01 · 64.241926-05-01 · 69.011926-06-01 · 71.591926-07-01 · 70.511926-08-01 · 71.011926-09-01 · 65.931926-10-01 · 56.261926-11-01 · 58.171926-12-01 · 51.131927-01-01 · 54.121927-02-01 · 57.741927-03-01 · 52.071927-04-01 · 57.351927-05-01 · 76.251927-06-01 · 67.221927-07-01 · 73.651927-08-01 · 73.241927-09-01 · 73.471927-10-01 · 60.311927-11-01 · 68.981927-12-01 · 74.861928-01-01 · 71.721928-02-01 · 68.81928-03-01 · 74.421928-04-01 · 71.391928-05-01 · 74.41928-06-01 · 67.971928-07-01 · 67.271928-08-01 · 76.071928-09-01 · 71.511928-10-01 · 72.841928-11-01 · 78.191928-12-01 · 86.81929-01-01 · 86.881929-02-01 · 86.631929-03-01 · 85.071929-04-01 · 86.621929-05-01 · 81.931929-06-01 · 78.671929-07-01 · 80.881929-08-01 · 84.691929-09-01 · 82.531929-10-01 · 68.921929-11-01 · 54.011929-12-01 · 49.51930-01-01 · 47.691930-02-01 · 46.071930-03-01 · 46.331930-04-01 · 45.251930-05-01 · 46.571930-06-01 · 42.321930-07-01 · 40.281930-08-01 · 39.071930-09-01 · 33.021930-10-01 · 24.591930-11-01 · 20.81930-12-01 · 23.71931-01-01 · 29.221931-02-01 · 35.581931-03-01 · 33.721931-04-01 · 28.061931-05-01 · 22.191931-06-01 · 22.971931-07-01 · 24.481931-08-01 · 27.391931-09-01 · 26.931931-10-01 · 22.961931-11-01 · 25.371931-12-01 · 26.791932-01-01 · 26.871932-02-01 · 29.041932-03-01 · 29.691932-04-01 · 22.651932-05-01 · 18.181932-06-01 · 19.111932-07-01 · 23.81932-08-01 · 28.491932-09-01 · 30.631932-10-01 · 29.671932-11-01 · 32.211932-12-01 · 34.971933-01-01 · 35.741933-02-01 · 38.481933-03-01 · 40.091933-04-01 · 44.971933-05-01 · 52.941933-06-01 · 62.731933-07-01 · 68.811933-08-01 · 71.721933-09-01 · 69.471933-10-01 · 59.851933-11-01 · 56.671933-12-01 · 61.841934-01-01 · 67.421934-02-01 · 68.251934-03-01 · 66.191934-04-01 · 68.721934-05-01 · 68.591934-06-01 · 62.341934-07-01 · 53.431934-08-01 · 46.081934-09-01 · 46.151934-10-01 · 43.941934-11-01 · 46.11934-12-01 · 55.871935-01-01 · 53.781935-02-01 · 48.091935-03-01 · 40.931935-04-01 · 40.811935-05-01 · 48.291935-06-01 · 53.431935-07-01 · 63.541935-08-01 · 70.021935-09-01 · 76.751935-10-01 · 83.941935-11-01 · 85.091935-12-01 · 86.311936-01-01 · 88.481936-02-01 · 88.751936-03-01 · 91.41936-04-01 · 86.521936-05-01 · 83.691936-06-01 · 85.351936-07-01 · 85.621936-08-01 · 85.611936-09-01 · 84.391936-10-01 · 84.491936-11-01 · 85.631936-12-01 · 82.541937-01-01 · 81.541937-02-01 · 81.71937-03-01 · 80.111937-04-01 · 71.251937-05-01 · 62.451937-06-01 · 63.271937-07-01 · 66.431937-08-01 · 64.11937-09-01 · 50.761937-10-01 · 38.361937-11-01 · 32.911937-12-01 · 28.061938-01-01 · 22.131938-02-01 · 25.271938-03-01 · 22.831938-04-01 · 21.491938-05-01 · 23.751938-06-01 · 30.311938-07-01 · 37.891938-08-01 · 40.041938-09-01 · 38.011938-10-01 · 38.261938-11-01 · 44.461938-12-01 · 51.341939-01-01 · 55.791939-02-01 · 57.741939-03-01 · 56.241939-04-01 · 50.311939-05-01 · 57.811939-06-01 · 61.551939-07-01 · 60.31939-08-01 · 56.321939-09-01 · 51.561939-10-01 · 54.31939-11-01 · 52.741939-12-01 · 49.571940-01-01 · 47.361940-02-01 · 46.461940-03-01 · 48.371940-04-01 · 50.161940-05-01 · 45.081940-06-01 · 44.321940-07-01 · 45.041940-08-01 · 46.551940-09-01 · 46.451940-10-01 · 46.151940-11-01 · 42.391940-12-01 · 34.311941-01-01 · 34.491941-02-01 · 32.21941-03-01 · 31.861941-04-01 · 30.991941-05-01 · 28.411941-06-01 · 31.151941-07-01 · 47.771941-08-01 · 58.951941-09-01 · 52.321941-10-01 · 43.651941-11-01 · 34.81941-12-01 · 30.21942-01-01 · 26.181942-02-01 · 27.861942-03-01 · 27.181942-04-01 · 26.471942-05-01 · 28.891942-06-01 · 35.71942-07-01 · 40.21942-08-01 · 37.581942-09-01 · 32.71942-10-01 · 34.071942-11-01 · 39.171942-12-01 · 45.981943-01-01 · 57.291943-02-01 · 66.721943-03-01 · 74.341943-04-01 · 76.341943-05-01 · 84.681943-06-01 · 94.171943-07-01 · 90.511943-08-01 · 83.741943-09-01 · 83.881943-10-01 · 82.351943-11-01 · 74.531943-12-01 · 68.311944-01-01 · 68.81944-02-01 · 68.011944-03-01 · 65.391944-04-01 · 60.61944-05-01 · 57.41944-06-01 · 59.921944-07-01 · 58.621944-08-01 · 54.781944-09-01 · 58.511944-10-01 · 62.191944-11-01 · 60.381944-12-01 · 62.791945-01-01 · 74.511945-02-01 · 84.251945-03-01 · 78.371945-04-01 · 75.011945-05-01 · 78.481945-06-01 · 78.131945-07-01 · 75.611945-08-01 · 73.621945-09-01 · 77.231945-10-01 · 81.171945-11-01 · 82.61945-12-01 · 83.91946-01-01 · 85.231946-02-01 · 79.011946-03-01 · 73.381946-04-01 · 74.31946-05-01 · 77.091946-06-01 · 76.451946-07-01 · 69.51946-08-01 · 64.251946-09-01 · 56.271946-10-01 · 49.51946-11-01 · 45.541946-12-01 · 44.11947-01-01 · 44.071947-02-01 · 42.851947-03-01 · 37.961947-04-01 · 35.111947-05-01 · 32.281947-06-01 · 29.071947-07-01 · 29.611947-08-01 · 30.671947-09-01 · 31.841947-10-01 · 37.661947-11-01 · 48.631947-12-01 · 56.081948-01-01 · 54.471948-02-01 · 45.71948-03-01 · 43.211948-04-01 · 48.431948-05-01 · 54.81948-06-01 · 61.821948-07-01 · 61.541948-08-01 · 56.041948-09-01 · 50.711948-10-01 · 52.531948-11-01 · 52.071948-12-01 · 47.771949-01-01 · 49.321949-02-01 · 48.431949-03-01 · 48.771949-04-01 · 53.011949-05-01 · 49.361949-06-01 · 43.191949-07-01 · 41.071949-08-01 · 41.191949-09-01 · 45.531949-10-01 · 51.491949-11-01 · 54.391949-12-01 · 55.691950-01-01 · 63.131950-02-01 · 72.191950-03-01 · 71.591950-04-01 · 77.221950-05-01 · 84.061950-06-01 · 78.191950-07-01 · 76.071950-08-01 · 81.331950-09-01 · 82.491950-10-01 · 81.651950-11-01 · 81.361950-12-01 · 80.831951-01-01 · 82.741951-02-01 · 83.51951-03-01 · 80.821951-04-01 · 79.381951-05-01 · 76.51951-06-01 · 68.681951-07-01 · 66.211951-08-01 · 741951-09-01 · 79.531951-10-01 · 75.291951-11-01 · 71.441951-12-01 · 71.211952-01-01 · 72.371952-02-01 · 68.391952-03-01 · 62.81952-04-01 · 58.771952-05-01 · 57.161952-06-01 · 59.471952-07-01 · 63.131952-08-01 · 67.681952-09-01 · 64.091952-10-01 · 55.981952-11-01 · 57.241952-12-01 · 64.431953-01-01 · 66.931953-02-01 · 63.131953-03-01 · 58.181953-04-01 · 57.011953-05-01 · 54.541953-06-01 · 53.911953-07-01 · 56.621953-08-01 · 49.051953-09-01 · 39.961953-10-01 · 43.321953-11-01 · 51.531953-12-01 · 541954-01-01 · 53.461954-02-01 · 52.121954-03-01 · 52.551954-04-01 · 60.871954-05-01 · 68.641954-06-01 · 75.311954-07-01 · 80.391954-08-01 · 79.81954-09-01 · 78.711954-10-01 · 82.221954-11-01 · 86.481954-12-01 · 87.971955-01-01 · 88.151955-02-01 · 88.541955-03-01 · 87.561955-04-01 · 87.051955-05-01 · 87.051955-06-01 · 871955-07-01 · 87.921955-08-01 · 88.291955-09-01 · 86.511955-10-01 · 86.191955-11-01 · 85.651955-12-01 · 88.251956-01-01 · 83.361956-02-01 · 77.761956-03-01 · 79.221956-04-01 · 80.711956-05-01 · 73.51956-06-01 · 67.911956-07-01 · 70.121956-08-01 · 67.341956-09-01 · 57.91956-10-01 · 53.221956-11-01 · 53.241956-12-01 · 55.891957-01-01 · 54.221957-02-01 · 46.791957-03-01 · 48.051957-04-01 · 51.371957-05-01 · 49.721957-06-01 · 47.411957-07-01 · 52.581957-08-01 · 52.621957-09-01 · 40.631957-10-01 · 34.21957-11-01 · 38.511957-12-01 · 39.611958-01-01 · 40.171958-02-01 · 38.361958-03-01 · 38.291958-04-01 · 45.381958-05-01 · 48.51958-06-01 · 47.61958-07-01 · 49.061958-08-01 · 50.391958-09-01 · 53.341958-10-01 · 60.141958-11-01 · 71.821958-12-01 · 82.651959-01-01 · 871959-02-01 · 90.471959-03-01 · 941959-04-01 · 96.631959-05-01 · 99.441959-06-01 · 99.361959-07-01 · 98.741959-08-01 · 96.311959-09-01 · 86.211959-10-01 · 78.991959-11-01 · 78.541959-12-01 · 77.891960-01-01 · 69.171960-02-01 · 58.661960-03-01 · 53.551960-04-01 · 49.671960-05-01 · 50.731960-06-01 · 52.021960-07-01 · 46.691960-08-01 · 44.381960-09-01 · 40.311960-10-01 · 34.851960-11-01 · 39.571960-12-01 · 45.631961-01-01 · 49.731961-02-01 · 51.951961-03-01 · 58.861961-04-01 · 65.271961-05-01 · 68.181961-06-01 · 70.451961-07-01 · 68.821961-08-01 · 69.171961-09-01 · 701961-10-01 · 69.651961-11-01 · 78.811961-12-01 · 85.741962-01-01 · 79.661962-02-01 · 73.771962-03-01 · 70.341962-04-01 · 59.841962-05-01 · 45.651962-06-01 · 35.261962-07-01 · 33.981962-08-01 · 38.011962-09-01 · 36.161962-10-01 · 32.171962-11-01 · 37.61962-12-01 · 43.431963-01-01 · 43.61963-02-01 · 42.091963-03-01 · 44.071963-04-01 · 49.091963-05-01 · 51.111963-06-01 · 53.441963-07-01 · 58.621963-08-01 · 70.071963-09-01 · 75.811963-10-01 · 73.861963-11-01 · 77.791963-12-01 · 80.711964-01-01 · 79.741964-02-01 · 78.941964-03-01 · 78.121964-04-01 · 80.231964-05-01 · 83.511964-06-01 · 81.871964-07-01 · 81.051964-08-01 · 85.281964-09-01 · 89.11964-10-01 · 89.381964-11-01 · 88.321964-12-01 · 88.21965-01-01 · 89.341965-02-01 · 92.241965-03-01 · 86.371965-04-01 · 82.841965-05-01 · 82.391965-06-01 · 70.631965-07-01 · 62.791965-08-01 · 63.031965-09-01 · 65.621965-10-01 · 68.781965-11-01 · 68.221965-12-01 · 67.271966-01-01 · 68.061966-02-01 · 65.591966-03-01 · 58.481966-04-01 · 54.21966-05-01 · 53.261966-06-01 · 46.011966-07-01 · 40.91966-08-01 · 40.061966-09-01 · 36.591966-10-01 · 36.891966-11-01 · 34.631966-12-01 · 28.451967-01-01 · 32.081967-02-01 · 37.271967-03-01 · 37.751967-04-01 · 44.431967-05-01 · 47.421967-06-01 · 45.31967-07-01 · 51.011967-08-01 · 57.741967-09-01 · 61.081967-10-01 · 64.431967-11-01 · 68.141967-12-01 · 68.761968-01-01 · 65.551968-02-01 · 60.891968-03-01 · 54.671968-04-01 · 57.011968-05-01 · 58.241968-06-01 · 55.151968-07-01 · 55.941968-08-01 · 58.781968-09-01 · 58.261968-10-01 · 59.431968-11-01 · 61.281968-12-01 · 62.691969-01-01 · 62.21969-02-01 · 55.991969-03-01 · 57.051969-04-01 · 64.161969-05-01 · 66.331969-06-01 · 55.861969-07-01 · 44.711969-08-01 · 42.031969-09-01 · 43.431969-10-01 · 45.131969-11-01 · 42.141969-12-01 · 36.631970-01-01 · 31.071970-02-01 · 29.181970-03-01 · 34.11970-04-01 · 34.21970-05-01 · 29.711970-06-01 · 24.481970-07-01 · 26.21970-08-01 · 33.891970-09-01 · 39.871970-10-01 · 41.671970-11-01 · 43.061970-12-01 · 46.271971-01-01 · 51.141971-02-01 · 55.681971-03-01 · 62.631971-04-01 · 68.091971-05-01 · 64.591971-06-01 · 64.81971-07-01 · 69.561971-08-01 · 73.891971-09-01 · 75.221971-10-01 · 67.451971-11-01 · 62.361971-12-01 · 64.011972-01-01 · 66.941972-02-01 · 65.341972-03-01 · 63.591972-04-01 · 67.521972-05-01 · 66.181972-06-01 · 59.981972-07-01 · 59.611972-08-01 · 65.611972-09-01 · 70.161972-10-01 · 70.071972-11-01 · 72.851972-12-01 · 81.321973-01-01 · 81.381973-02-01 · 67.691973-03-01 · 58.011973-04-01 · 47.81973-05-01 · 38.921973-06-01 · 33.971973-07-01 · 38.611973-08-01 · 39.271973-09-01 · 44.731973-10-01 · 44.231973-11-01 · 35.681973-12-01 · 32.511974-01-01 · 30.131974-02-01 · 27.081974-03-01 · 26.721974-04-01 · 27.91974-05-01 · 32.711974-06-01 · 33.771974-07-01 · 32.071974-08-01 · 26.941974-09-01 · 20.91974-10-01 · 25.821974-11-01 · 24.651974-12-01 · 24.891975-01-01 · 37.291975-02-01 · 44.581975-03-01 · 47.371975-04-01 · 48.591975-05-01 · 49.121975-06-01 · 52.411975-07-01 · 51.111975-08-01 · 50.471975-09-01 · 49.641975-10-01 · 56.561975-11-01 · 63.461975-12-01 · 62.411976-01-01 · 65.91976-02-01 · 67.221976-03-01 · 63.511976-04-01 · 58.791976-05-01 · 55.411976-06-01 · 54.981976-07-01 · 53.411976-08-01 · 49.971976-09-01 · 56.341976-10-01 · 59.771976-11-01 · 65.251976-12-01 · 65.761977-01-01 · 62.431977-02-01 · 59.751977-03-01 · 52.391977-04-01 · 48.251977-05-01 · 49.561977-06-01 · 52.641977-07-01 · 59.821977-08-01 · 54.281977-09-01 · 52.231977-10-01 · 52.071977-11-01 · 51.971977-12-01 · 54.521978-01-01 · 53.791978-02-01 · 46.961978-03-01 · 50.061978-04-01 · 56.491978-05-01 · 62.041978-06-01 · 62.11978-07-01 · 65.081978-08-01 · 67.781978-09-01 · 66.651978-10-01 · 61.611978-11-01 · 551978-12-01 · 57.991979-01-01 · 59.191979-02-01 · 57.871979-03-01 · 60.111979-04-01 · 63.291979-05-01 · 61.061979-06-01 · 58.541979-07-01 · 58.481979-08-01 · 61.041979-09-01 · 60.171979-10-01 · 51.131979-11-01 · 50.871979-12-01 · 57.591980-01-01 · 66.11980-02-01 · 62.031980-03-01 · 59.141980-04-01 · 52.621980-05-01 · 55.871980-06-01 · 57.921980-07-01 · 62.241980-08-01 · 64.271980-09-01 · 62.821980-10-01 · 61.121980-11-01 · 61.871980-12-01 · 66.351981-01-01 · 64.581981-02-01 · 60.341981-03-01 · 60.131981-04-01 · 60.251981-05-01 · 66.551981-06-01 · 65.441981-07-01 · 61.071981-08-01 · 52.821981-09-01 · 44.871981-10-01 · 411981-11-01 · 44.271981-12-01 · 44.71982-01-01 · 37.681982-02-01 · 32.041982-03-01 · 31.441982-04-01 · 34.551982-05-01 · 32.831982-06-01 · 28.091982-07-01 · 27.271982-08-01 · 32.971982-09-01 · 39.641982-10-01 · 46.631982-11-01 · 56.221982-12-01 · 59.961983-01-01 · 59.011983-02-01 · 60.881983-03-01 · 64.531983-04-01 · 70.861983-05-01 · 75.691983-06-01 · 74.231983-07-01 · 73.171983-08-01 · 73.711983-09-01 · 77.531983-10-01 · 76.131983-11-01 · 74.621983-12-01 · 72.451984-01-01 · 65.021984-02-01 · 62.411984-03-01 · 58.161984-04-01 · 55.831984-05-01 · 51.861984-06-01 · 41.441984-07-01 · 35.671984-08-01 · 39.021984-09-01 · 43.11984-10-01 · 45.161984-11-01 · 42.231984-12-01 · 42.921985-01-01 · 47.381985-02-01 · 50.721985-03-01 · 51.41985-04-01 · 56.251985-05-01 · 59.671985-06-01 · 631985-07-01 · 68.111985-08-01 · 74.421985-09-01 · 73.831985-10-01 · 74.231985-11-01 · 78.911985-12-01 · 82.041986-01-01 · 85.061986-02-01 · 87.471986-03-01 · 88.381986-04-01 · 87.131986-05-01 · 90.381986-06-01 · 88.811986-07-01 · 83.811986-08-01 · 81.681986-09-01 · 78.11986-10-01 · 74.761986-11-01 · 75.671986-12-01 · 74.791987-01-01 · 74.961987-02-01 · 76.71987-03-01 · 76.751987-04-01 · 75.061987-05-01 · 72.521987-06-01 · 73.041987-07-01 · 72.961987-08-01 · 75.731987-09-01 · 77.461987-10-01 · 64.581987-11-01 · 55.051987-12-01 · 56.321988-01-01 · 59.451988-02-01 · 58.471988-03-01 · 56.491988-04-01 · 52.21988-05-01 · 50.131988-06-01 · 49.771988-07-01 · 47.171988-08-01 · 45.591988-09-01 · 42.421988-10-01 · 41.861988-11-01 · 42.141988-12-01 · 55.141989-01-01 · 68.151989-02-01 · 67.991989-03-01 · 64.181989-04-01 · 64.11989-05-01 · 65.861989-06-01 · 62.041989-07-01 · 64.321989-08-01 · 69.031989-09-01 · 68.371989-10-01 · 69.991989-11-01 · 70.591989-12-01 · 71.361990-01-01 · 66.791990-02-01 · 61.951990-03-01 · 59.811990-04-01 · 57.911990-05-01 · 59.941990-06-01 · 62.611990-07-01 · 59.531990-08-01 · 58.121990-09-01 · 49.551990-10-01 · 41.211990-11-01 · 48.671990-12-01 · 51.091991-01-01 · 54.581991-02-01 · 56.251991-03-01 · 58.841991-04-01 · 55.951991-05-01 · 57.921991-06-01 · 57.591991-07-01 · 53.831991-08-01 · 53.431991-09-01 · 54.131991-10-01 · 59.51991-11-01 · 65.911991-12-01 · 59.441992-01-01 · 68.961992-02-01 · 67.241992-03-01 · 66.371992-04-01 · 60.671992-05-01 · 52.31992-06-01 · 61.231992-07-01 · 61.261992-08-01 · 64.661992-09-01 · 66.741992-10-01 · 61.031992-11-01 · 60.51992-12-01 · 59.61993-01-01 · 60.71993-02-01 · 63.521993-03-01 · 56.91993-04-01 · 60.431993-05-01 · 63.031993-06-01 · 66.041993-07-01 · 62.291993-08-01 · 63.841993-09-01 · 67.991993-10-01 · 68.721993-11-01 · 69.21993-12-01 · 68.541994-01-01 · 71.171994-02-01 · 71.591994-03-01 · 68.271994-04-01 · 62.911994-05-01 · 65.541994-06-01 · 62.891994-07-01 · 62.351994-08-01 · 61.661994-09-01 · 67.541994-10-01 · 68.421994-11-01 · 64.761994-12-01 · 57.751995-01-01 · 55.741995-02-01 · 56.911995-03-01 · 56.411995-04-01 · 56.941995-05-01 · 59.521995-06-01 · 63.661995-07-01 · 63.581995-08-01 · 63.511995-09-01 · 61.71995-10-01 · 61.821995-11-01 · 63.321995-12-01 · 63.241996-01-01 · 65.351996-02-01 · 72.281996-03-01 · 74.341996-04-01 · 75.071996-05-01 · 76.091996-06-01 · 73.441996-07-01 · 71.71996-08-01 · 69.171996-09-01 · 69.191996-10-01 · 71.991996-11-01 · 74.331996-12-01 · 73.371997-01-01 · 70.021997-02-01 · 68.541997-03-01 · 64.421997-04-01 · 59.571997-05-01 · 58.131997-06-01 · 62.291997-07-01 · 63.11997-08-01 · 63.331997-09-01 · 61.031997-10-01 · 62.161997-11-01 · 60.011997-12-01 · 57.81998-01-01 · 57.281998-02-01 · 58.351998-03-01 · 61.021998-04-01 · 65.071998-05-01 · 65.971998-06-01 · 66.691998-07-01 · 68.61998-08-01 · 62.221998-09-01 · 53.171998-10-01 · 56.961998-11-01 · 62.011998-12-01 · 62.351999-01-01 · 65.091999-02-01 · 68.761999-03-01 · 66.451999-04-01 · 66.311999-05-01 · 67.191999-06-01 · 65.391999-07-01 · 67.031999-08-01 · 67.851999-09-01 · 66.641999-10-01 · 69.091999-11-01 · 73.561999-12-01 · 71.52000-01-01 · 69.622000-02-01 · 61.492000-03-01 · 59.842000-04-01 · 59.472000-05-01 · 55.482000-06-01 · 51.682000-07-01 · 50.632000-08-01 · 47.192000-09-01 · 46.032000-10-01 · 41.462000-11-01 · 39.782000-12-01 · 39.262001-01-01 · 39.472001-02-01 · 37.952001-03-01 · 33.242001-04-01 · 35.842001-05-01 · 38.882001-06-01 · 34.922001-07-01 · 37.352001-08-01 · 38.562001-09-01 · 37.182001-10-01 · 37.062001-11-01 · 40.492001-12-01 · 45.42002-01-01 · 46.012002-02-01 · 46.792002-03-01 · 47.432002-04-01 · 45.742002-05-01 · 47.992002-06-01 · 51.42002-07-01 · 45.812002-08-01 · 44.22002-09-01 · 42.992002-10-01 · 44.232002-11-01 · 48.012002-12-01 · 49.162003-01-01 · 45.72003-02-01 · 41.592003-03-01 · 41.962003-04-01 · 45.692003-05-01 · 49.892003-06-01 · 52.942003-07-01 · 54.92003-08-01 · 55.462003-09-01 · 58.282003-10-01 · 63.742003-11-01 · 68.462003-12-01 · 73.672004-01-01 · 73.762004-02-01 · 78.452004-03-01 · 81.62004-04-01 · 79.762004-05-01 · 78.12004-06-01 · 77.932004-07-01 · 73.082004-08-01 · 64.42004-09-01 · 64.162004-10-01 · 64.052004-11-01 · 64.492004-12-01 · 67.822005-01-01 · 64.72005-02-01 · 58.582005-03-01 · 56.32005-04-01 · 49.982005-05-01 · 49.692005-06-01 · 53.482005-07-01 · 55.742005-08-01 · 54.292005-09-01 · 57.422005-10-01 · 61.262005-11-01 · 58.752005-12-01 · 602006-01-01 · 59.392006-02-01 · 56.812006-03-01 · 57.692006-04-01 · 622006-05-01 · 63.452006-06-01 · 63.812006-07-01 · 65.142006-08-01 · 65.312006-09-01 · 67.472006-10-01 · 65.722006-11-01 · 66.952006-12-01 · 69.362007-01-01 · 70.732007-02-01 · 68.092007-03-01 · 62.832007-04-01 · 62.22007-05-01 · 66.32007-06-01 · 64.372007-07-01 · 61.592007-08-01 · 64.092007-09-01 · 65.982007-10-01 · 67.742007-11-01 · 67.442007-12-01 · 62.192008-01-01 · 58.112008-02-01 · 50.942008-03-01 · 49.742008-04-01 · 52.482008-05-01 · 55.632008-06-01 · 52.12008-07-01 · 45.622008-08-01 · 46.32008-09-01 · 42.562008-10-01 · 38.272008-11-01 · 32.432008-12-01 · 29.822009-01-01 · 28.272009-02-01 · 29.492009-03-01 · 29.442009-04-01 · 34.322009-05-01 · 38.122009-06-01 · 38.932009-07-01 · 38.12009-08-01 · 42.042009-09-01 · 45.872009-10-01 · 47.612009-11-01 · 48.112009-12-01 · 55.512010-01-01 · 63.862010-02-01 · 63.12010-03-01 · 64.392010-04-01 · 71.712010-05-01 · 74.222010-06-01 · 63.182010-07-01 · 60.212010-08-01 · 60.572010-09-01 · 58.982010-10-01 · 59.262010-11-01 · 58.322010-12-01 · 54.252011-01-01 · 56.262011-02-01 · 55.992011-03-01 · 57.792011-04-01 · 61.752011-05-01 · 63.182011-06-01 · 61.382011-07-01 · 63.062011-08-01 · 68.992011-09-01 · 64.152011-10-01 · 57.022011-11-01 · 60.362011-12-01 · 57.112012-01-01 · 53.192012-02-01 · 55.752012-03-01 · 56.242012-04-01 · 53.882012-05-01 · 51.732012-06-01 · 49.112012-07-01 · 48.872012-08-01 · 50.512012-09-01 · 51.72012-10-01 · 55.872012-11-01 · 59.292012-12-01 · 64.352013-01-01 · 65.062013-02-01 · 68.632013-03-01 · 70.722013-04-01 · 71.592013-05-01 · 71.382013-06-01 · 72.652013-07-01 · 70.672013-08-01 · 78.972013-09-01 · 75.772013-10-01 · 76.12013-11-01 · 75.522013-12-01 · 75.822014-01-01 · 74.642014-02-01 · 72.062014-03-01 · 69.492014-04-01 · 67.082014-05-01 · 68.772014-06-01 · 68.312014-07-01 · 64.672014-08-01 · 58.572014-09-01 · 58.492014-10-01 · 54.232014-11-01 · 55.842014-12-01 · 55.792015-01-01 · 50.542015-02-01 · 46.32015-03-01 · 50.132015-04-01 · 51.092015-05-01 · 50.932015-06-01 · 51.482015-07-01 · 50.382015-08-01 · 48.472015-09-01 · 45.192015-10-01 · 46.852015-11-01 · 53.782015-12-01 · 56.342016-01-01 · 54.352016-02-01 · 51.192016-03-01 · 56.382016-04-01 · 60.262016-05-01 · 57.042016-06-01 · 58.052016-07-01 · 54.862016-08-01 · 56.042016-09-01 · 55.162016-10-01 · 56.982016-11-01 · 60.192016-12-01 · 61.922017-01-01 · 58.892017-02-01 · 61.592017-03-01 · 67.352017-04-01 · 71.242017-05-01 · 72.052017-06-01 · 72.422017-07-01 · 74.022017-08-01 · 76.022017-09-01 · 80.292017-10-01 · 80.172017-11-01 · 79.592017-12-01 · 76.662018-01-01 · 77.522018-02-01 · 74.712018-03-01 · 69.442018-04-01 · 62.582018-05-01 · 60.932018-06-01 · 60.182018-07-01 · 58.722018-08-01 · 58.862018-09-01 · 57.392018-10-01 · 54.292018-11-01 · 47.612018-12-01 · 44.772019-01-01 · 40.242019-02-01 · 42.52019-03-01 · 41.822019-04-01 · 41.862019-05-01 · 43.432019-06-01 · 44.462019-07-01 · 47.42019-08-01 · 45.392019-09-01 · 46.082019-10-01 · 43.872019-11-01 · 45.232019-12-01 · 46.942020-01-01 · 53.582020-02-01 · 55.82020-03-01 · 53.92020-04-01 · 48.922020-05-01 · 53.332020-06-01 · 56.832020-07-01 · 59.762020-08-01 · 64.212020-09-01 · 64.392020-10-01 · 63.322020-11-01 · 63.852020-12-01 · 67.422021-01-01 · 68.042021-02-01 · 69.342021-03-01 · 70.172021-04-01 · 71.532021-05-01 · 77.112021-06-01 · 79.822021-07-01 · 78.282021-08-01 · 77.752021-09-01 · 75.442021-10-01 · 69.72021-11-01 · 68.272021-12-01 · 70.52022-01-01 · 72.62022-02-01 · 65.012022-03-01 · 59.322022-04-01 · 55.112022-05-01 · 45.562022-06-01 · 41.652022-07-01 · 36.132022-08-01 · 41.172022-09-01 · 38.382022-10-01 · 34.72022-11-01 · 36.282022-12-01 · 40.052023-01-01 · 35.042023-02-01 · 37.12023-03-01 · 34.892023-04-01 · 37.592023-05-01 · 37.762023-06-01 · 37.562023-07-01 · 43.332023-08-01 · 46.272023-09-01 · 49.432023-10-01 · 43.192023-11-01 · 46.462023-12-01 · 54.362024-01-01 · 54.592024-02-01 · 54.382024-03-01 · 592024-04-01 · 59.172024-05-01 · 56.82024-06-01 · 582024-07-01 · 58.462024-08-01 · 57.72024-09-01 · 57.642024-10-01 · 56.032024-11-01 · 57.442024-12-01 · 64.912025-01-01 · 66.012025-02-01 · 64.742025-03-01 · 62.292025-04-01 · 58.482025-05-01 · 56.832025-06-01 · 58.262025-07-01 · 63.662025-08-01 · 62.832025-09-01 · 64.852025-10-01 · 68.992025-11-01 · 66.62025-12-01 · 66.552026-01-01 · 66.792026-02-01 · 63.392026-03-01 · 64.342026-04-01 · 55.152026-05-01 · 61.372026-06-01 · 64.952026-07-01 · 63.892026-08-01 · 61.532026-09-01 · 60.922026-10-01 · 58.13
U.S. recessions · Source: NBER
Index score (0–100) · 1916-03-01–2026-10-01 · 1,328 observations. Snapshot retrieved 2026-10-30. Monthly reconstructed/current-revision history. Regime levels and changes answer separate research questions.

Recession shading uses NBER’s monthly convention: the month after a peak through the trough month, inclusive. Dates are determined retrospectively and are not contemporaneous signals. Historical snapshot, not a live feed or an archive of originally published vintages. Earlier observations may be reconstructed or revised; original publication timestamps have not been verified. These plots do not establish historical tradability, predictive performance or causation. Weekly FLI has its own scale and is not interchangeable with monthly FLI. GFC is plotted on its observation dates without a forward shift. Display does not grant a redistribution license.

Research applications

Liquidity-cycle monitoring, historical regime research, cross-asset context.

A bounded liquidity-regime score for classifying the state of the financial-liquidity cycle and studying changes within it.

Important qualification: Long-run reconstructed observations must not be confused with an archive of real-time publications.

Product release controls

Provenance

Timestamp separation

Measurement dates must not be confused with dates values became available.

Versioning

Version-controlled series

Immutable release and revision controls have been tested in staging. Customer revision-history delivery is not enabled. Proprietary model calculations remain confidential.

Access

Contract-based delivery

Scope, expiry and revocation controls have been tested in staging. Real customer credentials and licensed data delivery are not enabled.