{"locations":[{"code":"USA","name":"United States","page":"https://macroscope.is/en/country/united-states/"}],"indicators":[{"id":"market_equity_change","title":"Equity price change (WDI)","unit":"% per year"}],"from_year":1950,"to_year":2100,"sections":[{"id":"dyn","title":"How the indicators changed","items":[{"kind":"dynamics","indicators":["market_equity_change"],"text":"Equity price change (WDI): −6.56 % per year in 1990 → −19.44 % per year in 2022 (−13 pp).","data":{"indicator":"market_equity_change","from":1990,"to":2022,"first":-6.5591,"last":-19.4428}}]},{"id":"markets","title":"Markets: growth, falls and valuations","items":[{"kind":"market_annual_extremes","indicators":["market_equity_change"],"text":"Among 33 published years, the weakest was 2008 (−38.5%), the strongest 1995 (34.1%). Annual values do not show the size of falls within a year. Index and currency conventions vary by country; this is not investor total return.","data":{"count":33,"weakest":[2008,-38.4853],"strongest":[1995,34.1107],"intrayear":false}}]}],"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_equity_change&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."}