UBS YEARBOOK 2026 · 1900—TODAY — Railways were sixty-three percent of this market
Sector turnover — 1900 vs today: railways fall from 63% to under 1%, tech and health care grow from nothing to 70%.
In 1900, 80% of the US market sat in railways, textiles, steel and coal, with railways alone at 63%. Today railways are under 1%, and 70% of the market comes from industries that barely existed then. The hundred and twenty-six years in between are not drawn — the yearbook publishes two snapshots and nothing between them.
What this page answers
This static page is built to answer searches for UBS YEARBOOK 2026 · 1900—TODAY. It summarizes the live dataset behind the Railways were sixty-three percent of this market panel and links to the full interactive chart.
In 1900, 80% of the US market sat in railways, textiles, steel and coal, with railways alone at 63%. Today railways are under 1%, and 70% of the market comes from industries that barely existed then. The hundred and twenty-six years in between are not drawn — the yearbook publishes two snapshots and nothing between them. The data is refreshed by the History of Market pipeline and published as a stable JSON endpoint for research, citation, and AI-agent use.
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Data & Source
GET /api/static/ubs-yearbook.json — Canonical dataset endpoint.
Yahoo Finance · Macrotrends · Robert Shiller · FRED · S&P Global · Nasdaq · NBER.
FAQ
Where does this data come from?
History of Market combines public market and macro datasets including Yahoo Finance, Macrotrends, Robert Shiller, FRED, S&P Global, Nasdaq, NBER, and the UBS Global Investment Returns Yearbook (Dimson–Marsh–Staunton). The exact endpoint for this panel is linked below.
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Daily-tier datasets refresh after the U.S. market close, with a broader weekly refresh on Sunday. The timestamp shown on this page comes from the JSON payload.
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