D5 · HOW MANY INDUSTRIES THE ENGINE IS ACTUALLY FIRING ON

Job-growth breadth (1-month diffusion index, private industries)

54.40

CALM ROBUST z -0.24 DRS 95 monthly as of 2026-05-01

Where it sits: lower than ~68% of its full record.

The full history

1991 high 80.60 · low 3.60 · now 54.40 · 4 recessions shaded 2026

What it measures: how many industries the engine is actually firing on
Where it sits: lower than ~68% of its full record — at the 32th percentile of its full record.
z vs. its window: -0.24 (strain side: down). 425 observations in the window.
State rule: z < 1 CALM · 1 ≤ z < 2 WATCH · z ≥ 2 EXTREME, measured only toward the declared strain side.
Confidence: ROBUST — a primary official series, mechanically reported.
Reliability (DRS): DRS 95 — Employment Situation Table B-6: the percent of ~250 private industries adding jobs over the month (50 = as many shrinking as growing). The breadth check on the headline payroll number — total growth can ride on one sector while most industries shed; this tile reads that narrowness. 1-month span declared primary; the 3/6/12-month spans exist (BLS data types 22-24) and smooth progressively. The latest two months are preliminary and revise with the payroll benchmarks. Monthly since 1991. BLS-produced; subject to the integrity-events DRS factor.

BLS ↗ Every number on this site is reproducible from this primary source.