TRA Macro Tracking Index
Current Outlook
Lots of unusual messages today in the credit markets. With traders having the day off, the immediate impact isn't entirely clear, but unemployment fell to 4.3% in March 2026 with 178 thousand new jobs reported. The Atlanta Fed's GDPNow forecast shows GDP growth of 1.6% which is the result of ongoing strength of private investment in the U.S., which is more than offset by weakening personal consumption expenditures, continue their decline.
Jobs data continues to show growth in healthcare and construction employment, with declines in Federal and other private payrolls.
Have a great holiday weekend! See you all next week!
| Variable + Date | Value | Direction |
|---|---|---|
| Macro Indicators as of April 3, 2026 | ||
| 10 Year Yields1 | 4.345 | ↑ Up |
| U.S. Dollar Index2 | 100.082 | ↑ Up |
| Consumer Confidence as of March 31, 2026 | ||
| MSCI3 | 53.3 | ↓ Down |
| Conference Board4 | 91.2 | ↑ Up |
| GDP as of April 3, 2026 | ||
| GDPNow5 | 1.6% | ↓ Down |
| Unemployment as of April 3, 2026 | ||
| Unemployment6 | 4.3% | ↓ Down |
| Inflation as of March 13, 2026 | ||
| Core PCE7 | 3.10% | ↑ Up |
| Containerized Freight Index as of March 2, 2026 | ||
| TSI8 | 137.8 | ↓ Down |