{"locations":[{"code":"USA","name":"United States","page":"https://macroscope.is/en/country/united-states/"}],"indicators":[{"id":"market_cap_usd","title":"Listed domestic equity capitalisation","unit":"US$ bn"}],"from_year":1950,"to_year":2100,"sections":[{"id":"dyn","title":"How the indicators changed","items":[{"kind":"dynamics","indicators":["market_cap_usd"],"text":"Listed domestic equity capitalisation: 703.8 US$ bn in 1975 → 68,938 US$ bn in 2025 (×98). The trend broke around 1989 and 2017: +168 → +825 → +4,738 a year.","data":{"indicator":"market_cap_usd","from":1975,"to":2025,"first":703.8,"last":68937.8662,"breaks":[{"year":1989,"slope_before":168,"slope_after":825},{"year":2017,"slope_before":825,"slope_after":4740}]}}]}],"caveat":"Moving together in time does not prove a cause: incomes, cities, education and the era itself act on many indicators at once. These observations suggest where to look, not what causes what.","view_url":"https://macroscope.is/en/chart/?c=USA&i=market_cap_usd&from=1950&to=2100&past=1","how_to_read":"text: a ready sentence with numbers; data: the same numbers for calculations. The first indicator is the focus the others are compared with. Relationships are checked in levels (r) and in year-to-year changes (r_changes: the changes have their own linear trend removed; significance corrected for autocorrelation); lag is the shift at which changes line up best. UN errors: actual / projected − 1 for population, births and fertility, actual − projected for migration, life expectancy and mothers' age; IMF: actual − forecast. view_url opens the same view on the site."}