Analysis
Two series, one timeline
Overlay any two indicators over the window where both exist. Jan 1947 to Jan 2026.
First series
Second series
Real GDP (Billions of chained 2017 dollars) Industrial Production (Index 2017=100)
Left axis: Real GDP · GDPC1. Right axis: Industrial Production
· INDPRO. Both from FRED, latest-revised, read from cache.
Correlation is not causation. Two lines moving together is not one moving the other. A shared trend often traces back to a third force, or to chance. This tool overlays the data. It does not explain it.