Great news, the iPhone Economy app was released today (July 4) evening.
This app gives you a snapshot of the US economy with the latest values of several key economic indicators published by the Federal Reserve. It also provides interesting graphs with historical values of these indicators over the past few months, years and decades.
Details of the app are available at http://CascadeSoft.net/Economy.aspx and the app can be downloaded from the app store.
Posted by Ram 
Cascade Software Corporation 