US total public debt outstanding · United States · as of 2026-09-03
US total public debt outstanding (United States) fell 0.04% in 2026-09-03, a move against the usual direction
US total public debt outstanding for United States was 40,102,964,278,586 US dollars in 2026-09-03, down 14,080,848,486 US dollars (-0.04%) from 40,117,045,127,073 in 2026-09-02; that change ranks in the 80th percentile of daily changes recorded since 1993-04-01.
US total public debt outstanding
- Latest
- 40.1T in 2026-09-03 obs 254416
- Previous
- 40.12T in 2026-09-02 obs 254417
- Change
- -14.08B US dollars
- History
- 8386 observations, 1993-04-01 to 2026-09-03
Against its own history
- Robust z
- -3.20
- Change percentile
- 80th of 8384 earlier absolute changes
- Value percentile
- 100th of earlier values
- Median change
- 870.24M (scale 4.67B, mad)
- Second difference
- -18.66B (z -2.02)
- Slope divergence
- -3.11
- Rarity
- last larger move 2 periods ago (2026-09-01)
Record
- Relevance
- 0.335
- Confidence
- 68%
- Status
- published
- Discovered
- 2026-09-07 10:05 UTC
- Expires
- 2026-10-07 10:05 UTC
- Model
- relevance_v1+insight_text_v1
- Validation
- passed
- Causal level
- candidate
Candidate: no reviewed relationship supports a causal reading. Agreement among metrics is co-movement, not cause.
Relevance components
- Statistical surprise: the latest change of -14,080,848,486 US dollars is -3.2 robust standard deviations from the median daily change (8384 earlier changes), at the 80th percentile of absolute changes. Component 0.80, weight 0.18, contribution 0.144.
- Acceleration: second-difference z -2.0; short-versus-long slope divergence -3.11. Component 0.70, weight 0.12, contribution 0.084.
- Breadth: 2 of 3 related metrics (same category, Resilience) moved in the same direction as of their latest periods; 1 moved the other way. Component 0.67, weight 0.16, contribution 0.107.
- Graph centrality: no graph entity carries a centrality value for this metric yet, so it reads 0. Component 0.00, weight 0.18, contribution 0.000.
- Historical rarity: the last larger move was 2 periods ago, in 2026-09-01 (window 20 years). Component 0.00, weight 0.08, contribution 0.000.
- Forecast impact: not wired yet; reads 0. Component 0.00, weight 0.14, contribution 0.000.
- Bottleneck impact: not wired yet; reads 0. Component 0.00, weight 0.10, contribution 0.000.
- Public attention: not wired yet; reads 0. Component 0.00, weight 0.04, contribution 0.000.
Relevance (relevance_v1) is the weighted sum of the components: 0.335, against a candidate threshold of 0.30.
What changed and how unusual it is
What changed. The latest current observation for US total public debt outstanding, United States, is 40,102,964,278,586 US dollars for 2026-09-03 (obs 254416). The previous period, 2026-09-02, recorded 40,117,045,127,073 US dollars (obs 254417). The change is -14,080,848,486 US dollars, or -0.04%. The metric is classified as contextual, so the change carries no better or worse reading on its own.
How unusual. Against the 8384 earlier daily changes since 1993-04-01, the median change is +870,241,633 US dollars and the robust spread (scaled median absolute deviation) is 4,669,672,070, giving a robust z-score of -3.2. The absolute change sits at the 80th percentile of earlier absolute changes; the value itself sits at the 100th percentile of earlier values. The last larger move was -63,176,478,428 US dollars in 2026-09-01 (obs 254418, obs 254419), 2 periods ago.
Acceleration. The change in the change (second difference) is -18,661,382,353 US dollars, a robust z of -2.0 against earlier second differences. The slope over the last 3 periods is -4,750,157,310 US dollars per period against +9,785,750,944 over the last 10, a divergence of -3.11 change-scale units.
Templated from stored numbers, no AI. Citations link to the evidence table below.
Modeled interpretation
Explanation
The data are consistent with a decline in the metric from 40117045127072.57 US dollars on 2026-09-02 [observation:254417] to 40102964278586.1 US dollars on 2026-09-03 [observation:254416].
Alternative explanation (skeptic pass)
The reading may reflect temporary accounting adjustments rather than a sustained change.
Why now
The daily observation for 2026-09-03 was recorded and compared with the preceding value.
What to watch
Next daily readings of US total public debt outstanding [observation:254416]
Supporting metrics
| Metric | Latest | Change | Evidence |
|---|---|---|---|
| US federal interest expense, monthlycategory | 97.77B US dollars (2026-08-01) | -19.81B (-16.84%) | obs 263151, obs 263150 |
| US federal receipts, monthlycategory | 334.01B US dollars (2026-07-01) | -161.75B (-32.63%) | obs 263459, obs 263458 |
No graph relationships cited; related metrics were found by shared category.
What points the other way
1 related metric moved the other way as of their latest periods:
- US federal outlays, monthly: +150,250,993,022 US dollars (+24.39%) to 766,317,750,177 US dollars in 2026-07-01 (obs 263305, obs 263304)
Limits: the score compares period-over-period changes of current rows only; earlier vintages are not compared. Related metrics were found by shared category, not by a tested mechanism, so agreement among them does not establish cause.
- US federal outlays, monthly moved against this insight.
Measurable indicators
- The next US total public debt outstanding observation (2026-09-04): a change no larger than the median daily change of +870,241,633 US dollars, or a move back the other way, would mean the latest change has normalised.
- US federal interest expense, monthly, currently 97,768,569,546 US dollars in 2026-08-01 (obs 263151): a move the other way lowers the breadth component.
- US federal receipts, monthly, currently 334,009,875,556 US dollars in 2026-07-01 (obs 263459): a move the other way lowers the breadth component.
- Revisions: a revised 2026-09-03 value would arrive as a new observation row (the current row is observation 254416) and trigger a rescore.
- Expiry: this insight expires 30 days after discovery unless a newer period supersedes it, and earlier if the relevance score falls below the threshold.
Every number links here
| Observation | Metric | Period | Value | Role | Series | Ingested |
|---|---|---|---|---|---|---|
| 254416 | US total public debt outstandingUSA | 2026-09-03 | 40.1T US dollars | primary | v2/accounting/od/debt_to_penny:tot_pub_debt_out_amt | 2026-09-07 09:54 UTC |
| 254417 | US total public debt outstandingUSA | 2026-09-02 | 40.12T US dollars | primary | v2/accounting/od/debt_to_penny:tot_pub_debt_out_amt | 2026-09-07 09:54 UTC |
| 254418 | US total public debt outstandingUSA | 2026-09-01 | 40.11T US dollars | context | v2/accounting/od/debt_to_penny:tot_pub_debt_out_amt | 2026-09-07 09:54 UTC |
| 254419 | US total public debt outstandingUSA | 2026-08-31 | 40.18T US dollars | context | v2/accounting/od/debt_to_penny:tot_pub_debt_out_amt | 2026-09-07 09:54 UTC |
| 262801 | US total public debt outstandingUSA | 1993-04-01 | 4.23T US dollars | context | v2/accounting/od/debt_to_penny:tot_pub_debt_out_amt | 2026-09-07 09:54 UTC |
| 263151 | US federal interest expense, monthlyUSA | 2026-08-01 | 97.77B US dollars | supporting | v2/accounting/od/interest_expense:month_expense_amt | 2026-09-07 09:54 UTC |
| 263150 | US federal interest expense, monthlyUSA | 2026-07-01 | 117.57B US dollars | supporting | v2/accounting/od/interest_expense:month_expense_amt | 2026-09-07 09:54 UTC |
| 263305 | US federal outlays, monthlyUSA | 2026-07-01 | 766.32B US dollars | counter | v1/accounting/mts/mts_table_1:current_month_gross_outly_amt | 2026-09-07 09:54 UTC |
| 263304 | US federal outlays, monthlyUSA | 2026-06-01 | 616.07B US dollars | counter | v1/accounting/mts/mts_table_1:current_month_gross_outly_amt | 2026-09-07 09:54 UTC |
| 263459 | US federal receipts, monthlyUSA | 2026-07-01 | 334.01B US dollars | supporting | v1/accounting/mts/mts_table_1:current_month_gross_rcpt_amt | 2026-09-07 09:54 UTC |
| 263458 | US federal receipts, monthlyUSA | 2026-06-01 | 495.76B US dollars | supporting | v1/accounting/mts/mts_table_1:current_month_gross_rcpt_amt | 2026-09-07 09:54 UTC |
Feature packet (full inputs to the score)
{
"as_of": "2026-09-03",
"change": {
"pct": -0.000351,
"value": -14080848486.46875,
"observation_ids": [
254416,
254417
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},
"latest": {
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},
"metric": {
"id": "b6d1b078-ad94-4c75-8005-3a444f577266",
"kind": "observed",
"name": "US total public debt outstanding",
"slug": "us-federal-debt-total",
"unit": "US dollars",
"direction": "contextual",
"frequency": "daily",
"category_id": "871b8b44-f97d-469c-b707-3e0b71b10b54",
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"category_slug": "resilience",
"geography_default": "USA",
"frequency_normalised": "daily"
},
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},
"prior_min": {
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},
"abs_change": 14080848486.46875,
"all_time_low": false,
"largest_ever": false,
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},
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},
"scores": {
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"forecast_impact": 0,
"public_attention": 0,
"bottleneck_impact": 0
},
"breadth": {
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"share": 0.6667,
"related": [
{
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"unit": "US dollars",
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{
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{
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],
"opposite": 1,
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},
"history": {
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"change_count": 8385,
"first_period": "1993-04-01"
},
"version": "features_v1",
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"surprise": {
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"scale": 4669672070.309164,
"robust_z": -3.2017,
"mad_change": 3149650661.209473,
"change_count": 8384,
"scale_method": "mad",
"median_change": 870241633.495117,
"value_percentile": 0.9995,
"abs_change_percentile": 0.804
},
"geography": {
"id": "47c911a6-27c0-47d8-9471-9ac075e5be26",
"code": "USA",
"name": "United States"
},
"centrality": {
"value": 0,
"source": "none",
"entity_ids": [],
"entity_slugs": []
},
"acceleration": {
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"short_slope": -4750157310.097656,
"short_window": 3,
"slope_divergence": -3.1128,
"second_difference": -18661382352.742188,
"second_difference_z": -2.0224,
"long_observation_ids": [
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254418,
254417,
254416
],
"short_observation_ids": [
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254417,
254416
]
},
"series_window": [
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},
{
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"period": "2026-07-13"
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{
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{
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{
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"period": "2026-07-22"
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"period": "2026-07-23"
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"period": "2026-07-27"
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{
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"value": 39797152899275.21,
"period": "2026-07-28"
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{
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"value": 39799618642771.12,
"period": "2026-07-29"
},
{
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"value": 39841114561022.68,
"period": "2026-07-30"
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{
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"period": "2026-07-31"
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{
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"period": "2026-08-04"
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{
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"value": 39829652708623.61,
"period": "2026-08-05"
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{
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"value": 39890263441627.83,
"period": "2026-08-06"
},
{
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"value": 39885247772395.56,
"period": "2026-08-07"
},
{
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"value": 39891773994021.93,
"period": "2026-08-10"
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{
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"value": 39941929832070.77,
"period": "2026-08-11"
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{
"id": 254432,
"value": 39913529319464.71,
"period": "2026-08-12"
},
{
"id": 254431,
"value": 39934816207844.37,
"period": "2026-08-13"
},
{
"id": 254430,
"value": 39933634466112.78,
"period": "2026-08-14"
},
{
"id": 254429,
"value": 39986657878071.92,
"period": "2026-08-17"
},
{
"id": 254428,
"value": 40047425768420.22,
"period": "2026-08-18"
},
{
"id": 254427,
"value": 40012700535679.44,
"period": "2026-08-19"
},
{
"id": 254426,
"value": 40033256786764.37,
"period": "2026-08-20"
},
{
"id": 254425,
"value": 40032876505819.31,
"period": "2026-08-21"
},
{
"id": 254424,
"value": 40035385103646.14,
"period": "2026-08-24"
},
{
"id": 254423,
"value": 40098864155027.57,
"period": "2026-08-25"
},
{
"id": 254422,
"value": 40069751423220.72,
"period": "2026-08-26"
},
{
"id": 254421,
"value": 40077529831942.94,
"period": "2026-08-27"
},
{
"id": 254420,
"value": 40104097482666.58,
"period": "2026-08-28"
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{
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"value": 40175641071634.14,
"period": "2026-08-31"
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{
"id": 254418,
"value": 40112464593206.3,
"period": "2026-09-01"
},
{
"id": 254417,
"value": 40117045127072.57,
"period": "2026-09-02"
},
{
"id": 254416,
"value": 40102964278586.1,
"period": "2026-09-03"
}
],
"forecast_impact": {
"value": 0,
"source": "not_wired"
},
"public_attention": {
"value": 0,
"source": "not_wired"
},
"bottleneck_impact": {
"value": 0,
"source": "not_wired"
}
}Component labels: Statistical surprise, Acceleration, Breadth, Graph centrality, Forecast impact, Bottleneck impact, Historical rarity, Public attention. Each stored score keeps this packet so it can be recomputed without the database.