Economic Update

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Data from the Bureau of Labor Statistics, Bureau of Economic Analysis, Federal Reserve (FRED/ALFRED), Energy Information Administration, Census Bureau, and the University of Michigan. Proprietary series (ADP, University of Michigan, National Association of Realtors) are shown as headline figures only.

For information only. Not financial advice.

Federal debt to GDP

Total federal debt as a share of the economy's yearly output. Higher debt means more of the budget goes to interest, and that cost climbs quickly when maturing debt has to be refinanced at higher rates.

122.6%

Q1 2026

No changevs Q4+2.0 ppvs a year agoNo new data since last update

Source: Office of Management and Budget and FRB St. Louis via FRED