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ℹ️ For informational purposes only. Economic data from government APIs may lag official releases. Nothing here is financial or investment advice. Full disclaimer →
Series Part 5 of 5 · Economic Indicators

Part 5: Economic Pulse Dashboard — One Monday Brief for the Whole Macro Picture

Intermediate ~24 min read

Why the Dashboard Matters

Parts 1-4 give you deep, specialized monitoring of Fed decisions, inflation, labor, and growth. But most weeks there are no major releases. You wake up Wednesday and think: what's the current state of the economy? Is recession risk rising or falling? Are rates still high?

The Monday dashboard solves this problem. Every Monday morning at 8:00 AM ET, you get one structured report that captures the current state of all major indicators, without waiting for the next data release. It's a consistent weekly touchpoint that answers: "Here's what the economy looks like right now."

This is the centerpiece of the entire series. Investors, business owners, and traders will build their week around this brief.

Dashboard Architecture

The Monday dashboard agent is a master agent that calls sub-agents (or makes multiple API calls) to fetch and compute 8 different modules, assembles the results into a single brief, and delivers it by 8:00 AM ET every Monday.

Pseudo-code architecture:

Monday 8:00 AM agent trigger:
  For each of 8 modules:
    - Call sub-agent or fetch data
    - Compute current value and status
    - Store in results dict

  Assemble results into formatted report:
    - Current indicator values with status badges
    - 2-3 sentence interpretation of current state
    - Next 4 weeks of scheduled releases
    - One paragraph of week-ahead context

  Deliver report via chosen channel (email, Slack, etc)

The 8 Indicator Modules

Each module represents a different facet of the economy. The dashboard pulls the most recent value for each, regardless of when it was last updated.

Module 1: Fed Funds Rate (Daily Data)

Source: FRED series EFFR
Update frequency: Daily
Status classification:

Module 2: Yield Curve (2s10s Spread, Daily Data)

Source: FRED series T10Y2Y
Update frequency: Daily
Status classification:

Module 3: CPI YoY Inflation (Monthly Data)

Source: BLS series CUSR0000SA0 (headline CPI)
Update frequency: Monthly (mid-month)
Status classification:

Module 4: Core PCE YoY (Monthly Data)

Source: BEA data, also available via FRED
Update frequency: Monthly
Status classification: Compare to Fed's 2% target

Module 5: NFP 3-Month Average (Monthly Data)

Source: FRED series PAYEMS
Update frequency: Monthly (first Friday)
Status classification:

Module 6: Unemployment Rate (Monthly Data)

Source: FRED series UNRATE
Update frequency: Monthly (first Friday)
Status classification:

Module 7: GDPNow Current Quarter Estimate (Weekly/2-3x per week)

Source: Atlanta Fed GDPNow
Update frequency: 2-3x per week
Display: Current estimate and last update date. Example: "GDPNow Q1 2026: +2.4% (as of March 20)"

Module 8: Yield Curve Recession Probability (Monthly Data)

Source: FRED series RECPROUSM156N (St. Louis Fed's Dynamic Stochastic General Equilibrium recession probability model)
Update frequency: Monthly
Status classification:

Status Classification System

The dashboard uses color-coded status badges (same as the rest of the series) to make scanning easy:

Upcoming Releases Calendar

The dashboard includes a "Next 4 Weeks" section listing all scheduled releases. For the Monday the briefing goes out, it typically looks like:

Upcoming Releases (Next 4 Weeks)
Thursday Initial Jobless Claims 8:30 AM ET March 27
Friday PCE Inflation (Feb) 8:30 AM ET March 28
Friday NFP / Jobs (Feb) 8:30 AM ET April 4
Wednesday FOMC Rate Decision 2:00 PM ET April 16

Week-Ahead Context

After the 8 modules and releases calendar, include 2-3 sentences of human interpretation. This is where the agent synthesizes the data into a coherent narrative:

"The labor market remains tight with unemployment at 4.0% and NFP running above trend. Inflation is decelerating but still above the Fed's target. The yield curve remains inverted (-0.18%), consistent with historical pre-recession signals though recession probability models remain below 20%. GDPNow tracks Q1 at +2.4%. Overall: late-cycle expansion with some leading indicator softening. Watch for any hot CPI print or sharp claims spike."

This summary should NOT make predictions or give investment advice. It should simply state the current state of affairs and what to watch for this week.

Customizing Your Dashboard

The 8-module baseline covers all traders and investors. But you might want to customize based on your specific interests:

The modular architecture makes this easy. Each module is independent; adding one is just a new API call + status classification rule.

HEARTBEAT Schedule

# Master Monday dashboard (primary)
0 8 * * 1 — 8:00 AM ET every Monday: run full 8-module dashboard

# Weekday brief (optional light version)
0 8 * * 2-5 — 8:00 AM ET Tuesday-Friday: lighter version showing only what changed since Monday
The Monday schedule is the most important job in the entire series. This is where all the data from Parts 1-4 comes together. Treat this as your weekly macro briefing that never misses.

Sample Full Monday Dashboard

📊 ECONOMIC PULSE DASHBOARD — Monday, March 24, 2026 ═══════════════════════════════════════════════════════ CURRENT INDICATOR STATE ═══════════════════════════════════════════════════════ 1. Fed Funds Rate 5.25%-5.50% TIGHT (unchanged since July 2024, held steady for 9 consecutive meetings) 2. Yield Curve (2s10s Spread) -0.18% INVERTED (continues to invert; has been negative for 14 consecutive months) 3. Headline CPI YoY +3.2% WARM (released March 12; up 0.2pp from prior month, acceleration trend) 4. Core PCE YoY (Fed Target Measure) +2.6% ABOVE TARGET (Fed target is 2.0%; inflation 0.6pp above target) 5. NFP 3-Month Average +191K HEALTHY (prior month: +228K beat consensus; trend slowing from winter peak) 6. Unemployment Rate 4.0% NORMAL (stable; at Fed's estimated natural rate) 7. GDPNow Current Quarter Estimate +2.4% (Q1 2026, as of March 20) (updated 2-3x per week; converging toward Advance estimate expected late March) 8. Recession Probability (St. Louis Fed Model) 18.2% LOW (elevated above long-run avg of ~15%, but well below 30% alert threshold) ═══════════════════════════════════════════════════════ UPCOMING RELEASES (Next 4 Weeks) ═══════════════════════════════════════════════════════ Thu Mar 27, 8:30am ET | Initial Jobless Claims (weekly) Fri Mar 28, 8:30am ET | PCE Inflation (February) Fri Apr 4, 8:30am ET | NFP / Jobs Report (February) Wed Apr 16, 2:00pm ET | FOMC Rate Decision ═══════════════════════════════════════════════════════ WEEK-AHEAD ECONOMIC CONTEXT ═══════════════════════════════════════════════════════ The labor market remains tight with unemployment at 4.0% and job growth averaging 191K per month — solid but decelerating from winter peaks. Inflation presents the key uncertainty: headline CPI ticked up 0.2pp to +3.2% in March (above consensus), while Core PCE sits 0.6pp above the Fed's 2% target. Both suggest inflation's descent has stalled, likely keeping the Fed on hold for rates through spring. The yield curve's persistent inversion (-0.18%) is historically predictive of recession 12-18 months ahead, but current recession probability models (18.2%) remain below critical thresholds. GDPNow estimates Q1 growth at +2.4%, roughly in line with long-run potential. Watch this week for any hints of consumer weakness in PCE data Friday; strong spending would argue against imminent recession. The next major inflection point is the FOMC decision on April 16. Confidence: Moderate | Risk: Wage pressure pushing inflation higher

FAQ

What time does the Monday dashboard deliver?

The dashboard runs at 8:00 AM ET every Monday. This gives you a complete macro context picture before markets open at 9:30 AM ET, and before any Monday morning economic releases (some minor data releases on Monday mornings). The dashboard aggregates the latest available data from all sources — it doesn't wait for new releases; it reports the most recent value of each indicator regardless of when it last updated.

What leading indicators does the dashboard include?

Beyond the four indicators covered in Parts 1-4, the dashboard adds: the Conference Board LEI (Leading Economic Index) available via FRED series USSLIND — a composite of 10 leading indicators that tends to turn negative before recessions; the ISM Manufacturing PMI and Services PMI (available via FRED series MANEMP proxy or manual config); and the 10-year breakeven inflation rate (FRED series T10YIE) which shows market-implied inflation expectations. Together these create a fuller picture of where the economy is heading, not just where it's been.

Can I customize which indicators appear in my dashboard?

Yes — the dashboard agent config uses a YAML list of indicator modules. You can add or remove modules, set custom thresholds for status classifications (e.g., define what "hot" means for your use case), and specify which channels receive the report. If you're primarily a real estate investor, you might add the 30-year mortgage rate (FRED series MORTGAGE30US) as a module. If you're a business owner, you might prioritize the ISM Services PMI over the manufacturing index. The modular architecture makes customization straightforward.