6.972025
−0.2 pts since 2006 7.18 then
Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
23.4%2024
−11 pts since 1976 34.4% then
Oil shock & inflation peak (1979) ’79 Black Monday crash (1987) ’87 Gulf War recession (1991) ’91 Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
20%2024
+8.0 pts since 1976 12% then
Oil shock & inflation peak (1979) ’79 Black Monday crash (1987) ’87 Gulf War recession (1991) ’91 Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
37%2024
−7.9 pts since 1976 45% then
Oil shock & inflation peak (1979) ’79 Black Monday crash (1987) ’87 Gulf War recession (1991) ’91 Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
61%2024
−5.6 pts since 1976 66% then
Oil shock & inflation peak (1979) ’79 Black Monday crash (1987) ’87 Gulf War recession (1991) ’91 Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
45%2024
−5.2 pts since 1976 50% then
Oil shock & inflation peak (1979) ’79 Black Monday crash (1987) ’87 Gulf War recession (1991) ’91 Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
81%2025
+2.0 pts since 1979 79% then
Black Monday crash (1987) ’87 Gulf War recession (1991) ’91 Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
44%2025
−11 pts since 2001 55% then
Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
59.7%2026 YTD
−3.3 pts since 2009 63% then
COVID-19 pandemic (2020) ’20
24.5%2026 thru Aug
+5.5 pts since 1979 19% then
Black Monday crash (1987) ’87 Gulf War recession (1991) ’91 Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
54.5%2024
−11 pts since 1994 65.3% then
Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
58.8%2024
+6.6 pts since 1994 52.2% then
Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
26%2025
−1.0 pts since 1978 27% then
Oil shock & inflation peak (1979) ’79 Black Monday crash (1987) ’87 Gulf War recession (1991) ’91 Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
52.22026 thru Aug
−34 pts since 1976 86.0 then
Oil shock & inflation peak (1979) ’79 Black Monday crash (1987) ’87 Gulf War recession (1991) ’91 Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
−262026 thru Apr
−40 pts since 1996 +14 then
Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
36%2026 thru Apr
+7.7 pts since 2001 28% then
Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
22.6%2024
−8.0 pts since 1976 30.6% then
Oil shock & inflation peak (1979) ’79 Black Monday crash (1987) ’87 Gulf War recession (1991) ’91 Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
38%2025
−21 pts since 2001 59% then
Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
73%2025
+11 pts since 2013 62% then
COVID-19 pandemic (2020) ’20
63%2025
+13 pts since 2013 50% then
COVID-19 pandemic (2020) ’20
38%2024
−4.3 pts since 1976 42% then
Oil shock & inflation peak (1979) ’79 Black Monday crash (1987) ’87 Gulf War recession (1991) ’91 Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
42%2024
−16 pts since 1976 58% then
Oil shock & inflation peak (1979) ’79 Black Monday crash (1987) ’87 Gulf War recession (1991) ’91 Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
69%1994
+7.6 pts since 1976 61% then
Oil shock & inflation peak (1979) ’79 Black Monday crash (1987) ’87 Gulf War recession (1991) ’91
29%2025
−14 pts since 2001 43% then
Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
15.6%2024
+1.8 pts since 2019 13.8% then
COVID-19 pandemic (2020) ’20
3.6%2016
+0.4 pts since 1998 3.2% then
Dot-com bust & 9/11 (2001) ’01 Global financial crisis (2008) ’08
20.6%2025
+2.9 pts since 2008 17.7% then
COVID-19 pandemic (2020) ’20
6.9%2025
+3.2 pts since 2008 3.7% then
COVID-19 pandemic (2020) ’20
7.4%2025
+0.8 pts since 2005 6.6% then
Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
15.1%2025
+6.1 pts since 2004 9.0% then
Global financial crisis (2008) ’08 COVID-19 pandemic (2020) ’20
40%2023
+10 pts since 2013 30% then
COVID-19 pandemic (2020) ’20
20%2023
+3.0 pts since 2013 17% then
COVID-19 pandemic (2020) ’20
13.8%2018
+3.2 pts since 2010 10.6% then