Glossary
Macro terms, data terms, and platform terms in one place
Search matches term names, aliases, categories, and definitions.
Platform-specific workflow terms are marked separately from standard macro vocabulary.
Macro foundations
The total demand for goods and services in the economy at a given overall price level.
The recurring pattern of expansion, slowdown, recession, and recovery in overall economic activity.
A phase of the cycle when output, income, and employment are generally rising.
The study of economy-wide output, inflation, employment, finance, policy, and how shocks move through them together.
A broad decline in economic activity that usually shows up in output, employment, income, and spending.
A change in conditions, policy, expectations, or prices that pushes the economy away from its prior path.
Growth and output
New business filings that can act as an early read on entrepreneurial activity and future business formation.
A survey-based read on how households feel about current conditions and the outlook.
An index tracking output in manufacturing, mining, and utilities.
The part of the business cycle shaped by stock-building and stock-drawdown decisions by firms.
A series that tends to move ahead of the broader economy and can hint at a coming turn in the cycle.
Labor market
New filings for unemployment insurance. Weekly, so it moves faster than most labor data.
Models and projections
A DSGE benchmark that emphasizes real shocks, flexible prices, and intertemporal adjustment.
