{"success":true,"data":{"available":true,"as_of":"2026-09-12T16:03:39.704146+00:00","attribution":"This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis. | Data sourced from the U.S. Energy Information Administration (EIA) Open Data API (api.eia.gov). Not endorsed or certified by the EIA.","macro_backdrop":{"indicators":{"fed_funds_rate_pct":{"label":"Federal Funds Rate","unit":"%","latest_date":"2026-08-01","latest_value":3.63,"compare_date":"2026-03-01","compare_value":3.64,"pct_change":-0.27,"direction":"flat"},"unemployment_pct":{"label":"Unemployment Rate","unit":"%","latest_date":"2026-08-01","latest_value":4.1,"compare_date":"2026-03-01","compare_value":4.3,"pct_change":-4.65,"direction":"down"},"yield_curve_10y2y_pct":{"label":"10Y-2Y Treasury Yield Spread","unit":"%","latest_date":"2026-09-11","latest_value":0.33,"compare_date":"2026-09-04","compare_value":0.41,"pct_change":-19.51,"direction":"down"},"jobless_claims_initial":{"label":"Initial Jobless Claims","unit":"claims","latest_date":"2026-09-05","latest_value":206000.0,"compare_date":"2026-08-01","compare_value":200000.0,"pct_change":3.0,"direction":"up"}}},"industries":{"real_estate":{"label":"Real Estate","indicators":{"mortgage_rate_30y_pct":{"label":"30-Year Fixed Mortgage Rate","unit":"%","latest_date":"2026-09-10","latest_value":6.76,"compare_date":"2026-08-06","compare_value":6.69,"pct_change":1.05,"direction":"up","improving":false},"home_price_index":{"label":"S&P/Case-Shiller U.S. National Home Price Index","unit":"index (Jan 2000=100)","latest_date":"2026-06-01","latest_value":336.663,"compare_date":"2026-01-01","compare_value":326.747,"pct_change":3.03,"direction":"up","improving":true},"housing_starts_thousands":{"label":"Housing Starts (new privately-owned units)","unit":"thousand units, SAAR","latest_date":"2026-07-01","latest_value":1239.0,"compare_date":"2026-02-01","compare_value":1346.0,"pct_change":-7.95,"direction":"down","improving":false},"existing_home_sales_thousands":{"label":"Existing Home Sales","unit":"thousand units, SAAR","latest_date":"2026-08-01","latest_value":3980000.0,"compare_date":"2026-03-01","compare_value":4010000.0,"pct_change":-0.75,"direction":"down","improving":false}},"indicators_available":4,"improving_count":1,"worsening_count":3,"flat_count":0,"summary":"1 of 4 tracked indicators improving, 3 worsening, 0 flat"},"supply_chain":{"label":"Supply Chain / Manufacturing","indicators":{"inventory_sales_ratio":{"label":"Total Business Inventories/Sales Ratio","unit":"ratio","latest_date":"2026-06-01","latest_value":1.3,"compare_date":"2026-01-01","compare_value":1.35,"pct_change":-3.7,"direction":"down","improving":true},"manufacturing_new_orders_musd":{"label":"Manufacturers' New Orders: Total Manufacturing","unit":"$ millions","latest_date":"2026-07-01","latest_value":663616.0,"compare_date":"2026-02-01","compare_value":621304.0,"pct_change":6.81,"direction":"up","improving":true},"durable_goods_orders_musd":{"label":"Manufacturers' New Orders: Durable Goods","unit":"$ millions","latest_date":"2026-07-01","latest_value":339392.0,"compare_date":"2026-02-01","compare_value":316233.0,"pct_change":7.32,"direction":"up","improving":true},"industrial_production_manufacturing_index":{"label":"Industrial Production: Manufacturing (NAICS)","unit":"index (2017=100)","latest_date":"2026-07-01","latest_value":99.314,"compare_date":"2026-02-01","compare_value":97.733,"pct_change":1.62,"direction":"up","improving":true},"manufacturing_employment_thousands":{"label":"All Employees: Manufacturing","unit":"thousand persons","latest_date":"2026-08-01","latest_value":12638.0,"compare_date":"2026-03-01","compare_value":12598.0,"pct_change":0.32,"direction":"flat","improving":null}},"indicators_available":5,"improving_count":4,"worsening_count":0,"flat_count":1,"summary":"4 of 5 tracked indicators improving, 0 worsening, 1 flat"},"consumer_demand":{"label":"Consumer Demand / Retail","indicators":{"retail_sales_total_musd":{"label":"Advance Retail Sales: Retail Trade and Food Services","unit":"$ millions","latest_date":"2026-07-01","latest_value":763602.0,"compare_date":"2026-02-01","compare_value":741278.0,"pct_change":3.01,"direction":"up","improving":true},"retail_sales_goods_only_musd":{"label":"Advance Retail Sales: Retail Trade","unit":"$ millions","latest_date":"2026-07-01","latest_value":660047.0,"compare_date":"2026-02-01","compare_value":641038.0,"pct_change":2.97,"direction":"up","improving":true},"personal_consumption_expenditures_busd":{"label":"Personal Consumption Expenditures","unit":"$ billions, SAAR","latest_date":"2026-07-01","latest_value":22250.4,"compare_date":"2026-02-01","compare_value":21611.4,"pct_change":2.96,"direction":"up","improving":true},"durable_goods_consumption_busd":{"label":"Personal Consumption Expenditures: Durable Goods","unit":"$ billions, SAAR","latest_date":"2026-07-01","latest_value":2380.1,"compare_date":"2026-02-01","compare_value":2332.1,"pct_change":2.06,"direction":"up","improving":true}},"indicators_available":4,"improving_count":4,"worsening_count":0,"flat_count":0,"summary":"4 of 4 tracked indicators improving, 0 worsening, 0 flat"},"energy":{"label":"Energy","indicators":{"wti_crude_spot_usd_bbl":{"label":"WTI Crude Oil Spot Price (Cushing, OK)","unit":"$/BBL","latest_date":"2026-09-09","latest_value":97.26,"compare_date":"2026-08-28","compare_value":84.57,"pct_change":15.01,"direction":"up","improving":true},"henry_hub_natgas_spot_usd_mmbtu":{"label":"Henry Hub Natural Gas Spot Price","unit":"$/MMBTU","latest_date":"2026-09-09","latest_value":2.81,"compare_date":"2026-08-28","compare_value":2.82,"pct_change":-0.35,"direction":"flat","improving":null},"natgas_storage_lower48_bcf":{"label":"Working Natural Gas in Underground Storage (Lower 48)","unit":"BCF","latest_date":"2026-09-04","latest_value":3254.0,"compare_date":"2026-07-17","compare_value":3056.0,"pct_change":6.48,"direction":"up","improving":false}},"indicators_available":3,"improving_count":1,"worsening_count":1,"flat_count":1,"summary":"1 of 3 tracked indicators improving, 1 worsening, 1 flat"},"agriculture":{"label":"Agriculture","indicators":{},"indicators_available":0,"improving_count":0,"worsening_count":0,"flat_count":0,"summary":"USDA_NASS_API_KEY 未設定，Agriculture 暫時未開放 -- not configured, temporarily unavailable."}},"methodology_note":"Each indicator's % change compares its latest observation to the oldest of its 6 most recent observations (exact dates given per indicator -- frequencies differ by series, so this is not a uniform calendar window). Moves under 0.5% are labelled flat. 'improving'/'worsening' reflects each indicator's own real-world direction (e.g. a falling mortgage rate is improving for housing, a falling inventory/sales ratio is improving for supply chain tightness, a rising WTI/Henry Hub spot price is improving for energy producers) -- there is no combined cross-industry score; industries are not ranked against each other. An industry whose data source key isn't configured reports zero indicators and an honest note, not a guess."},"cta":"Get a free API key (no card required): https://www.xfinlab.com/intelligence-api.html"}