Shareholder Report |
6 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|
May 31, 2025
USD ($)
Holding
| ||||||||
Shareholder Report [Line Items] | ||||||||
Document Type | N-CSRS | |||||||
Amendment Flag | false | |||||||
Registrant Name | The New Economy Fund | |||||||
Entity Central Index Key | 0000719608 | |||||||
Entity Investment Company Type | N-1A | |||||||
Document Period End Date | May 31, 2025 | |||||||
The New Economy Fund - Class A | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class A | |||||||
Trading Symbol | ANEFX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund |
|||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-A (800) 421-4225 .
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Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-A | |||||||
Expenses [Text Block] | What were the f (based on a hyund costs for the last six months?pot hetica l $10,000 investment)
*Ann
ua lized. |
|||||||
Expenses Paid, Amount | $ 37 | |||||||
Expense Ratio, Percent | 0.73% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund s ta tistics
|
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Holdings [Text Block] | Portfolio ho (percent of net assets)ld ings by sector ![]() |
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The New Economy Fund - Class C | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class C | |||||||
Trading Symbol | ANFCX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-C (800) 421-4225 .
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Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-C | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hy pothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 75 | |||||||
Expense Ratio, Percent | 1.49% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund sta tis tics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (perc ent of net assets)![]() |
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The New Economy Fund - Class T | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class T | |||||||
Trading Symbol | TNEEX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature (800) 421-4225 .
|
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Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypot hetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 25 | |||||||
Expense Ratio, Percent | 0.49% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] | Key fun d statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of ne t assets)![]() |
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The New Economy Fund - Class F-1 | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class F-1 | |||||||
Trading Symbol | ANFFX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-F1 (800) 421-4225 .
|
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Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-F1 | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (bas ed on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 40 | |||||||
Expense Ratio, Percent | 0.79% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] | Key fund stat is tics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (perce nt of net assets)![]() |
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The New Economy Fund - Class F-2 | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class F-2 | |||||||
Trading Symbol | NEFFX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund |
|||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-F2 (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-F2 | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypoth etical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 26 | |||||||
Expense Ratio, Percent | 0.52% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] | Key fu n d statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (perce nt of net assets)![]() |
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The New Economy Fund - Class F-3 | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class F-3 | |||||||
Trading Symbol | FNEFX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-F3 (800) 421-4225 .
|
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Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-F3 | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 20 | |||||||
Expense Ratio, Percent | 0.40% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
|||||||
The New Economy Fund - Class 529-A | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class 529-A | |||||||
Trading Symbol | CNGAX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-529A (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-529A | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 38 | |||||||
Expense Ratio, Percent | 0.76% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] | Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (per cent of net assets)![]() |
|||||||
The New Economy Fund - Class 529-C | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class 529-C | |||||||
Trading Symbol | CNGCX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-529C (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-529C | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 76 | |||||||
Expense Ratio, Percent | 1.52% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
|||||||
The New Economy Fund - Class 529-E | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class 529-E | |||||||
Trading Symbol | CNGEX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-529E (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-529E | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 51 | |||||||
Expense Ratio, Percent | 1.01% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
|||||||
The New Economy Fund - Class 529-T | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class 529-T | |||||||
Trading Symbol | TENEX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 27 | |||||||
Expense Ratio, Percent | 0.54% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
|||||||
The New Economy Fund - Class 529-F-1 | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class 529-F-1 | |||||||
Trading Symbol | CNGFX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-529F1 (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-529F1 | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 30 | |||||||
Expense Ratio, Percent | 0.59% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
|||||||
The New Economy Fund - Class 529-F-2 | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class 529-F-2 | |||||||
Trading Symbol | FNEEX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-529F2 (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-529F2 | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 26 | |||||||
Expense Ratio, Percent | 0.51% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
|||||||
The New Economy Fund - Class 529-F-3 | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class 529-F-3 | |||||||
Trading Symbol | FNNEX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-529F3 (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-529F3 | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 23 | |||||||
Expense Ratio, Percent | 0.45% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
|||||||
The New Economy Fund - Class R-1 | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class R-1 | |||||||
Trading Symbol | RNGAX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R1 (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-R1 | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 75 | |||||||
Expense Ratio, Percent | 1.49% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] | Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
|||||||
The New Economy Fund - Class R-2 | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class R-2 | |||||||
Trading Symbol | RNGBX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R2 (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-R2 | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 75 | |||||||
Expense Ratio, Percent | 1.50% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
|||||||
The New Economy Fund - Class R-2E | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class R-2E | |||||||
Trading Symbol | RNNEX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R2E (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-R2E | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 60 | |||||||
Expense Ratio, Percent | 1.20% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
|||||||
The New Economy Fund - Class R-3 | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class R-3 | |||||||
Trading Symbol | RNGCX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R3 (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-R3 | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 53 | |||||||
Expense Ratio, Percent | 1.05% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
|||||||
The New Economy Fund - Class R-4 | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class R-4 | |||||||
Trading Symbol | RNGEX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R4 (800) 421-4225 .
|
|||||||
Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-R4 | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
|||||||
Expenses Paid, Amount | $ 38 | |||||||
Expense Ratio, Percent | 0.75% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
|
|||||||
Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
|||||||
The New Economy Fund - Class R-5E | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class R-5E | |||||||
Trading Symbol | RNGHX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R5E (800) 421-4225 .
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Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-R5E | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
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Expenses Paid, Amount | $ 28 | |||||||
Expense Ratio, Percent | 0.56% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
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Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
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The New Economy Fund - Class R-5 | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class R-5 | |||||||
Trading Symbol | RNGFX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R5 (800) 421-4225 .
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Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-R5 | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
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Expenses Paid, Amount | $ 23 | |||||||
Expense Ratio, Percent | 0.46% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] |
Key fund statistics
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Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
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The New Economy Fund - Class R-6 | ||||||||
Shareholder Report [Line Items] | ||||||||
Fund Name | The New Economy Fund® | |||||||
Class Name | Class R-6 | |||||||
Trading Symbol | RNGGX | |||||||
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about The New Economy Fund (the "fund") for the period from December 1, 2024 to May 31, 2025. | |||||||
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report | |||||||
Additional Information [Text Block] | You can find additional information about the fund at capitalgroup.com/mutual-fund-literature-R6 (800) 421-4225 .
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Additional Information Phone Number | (800) 421-4225 | |||||||
Additional Information Website | capitalgroup.com/mutual-fund-literature-R6 | |||||||
Expenses [Text Block] | What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)
*Annualized.
|
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Expenses Paid, Amount | $ 20 | |||||||
Expense Ratio, Percent | 0.40% | [1] | ||||||
Net Assets | $ 36,215,000,000 | |||||||
Holdings Count | Holding | 209 | |||||||
Investment Company, Portfolio Turnover | 16.00% | |||||||
Additional Fund Statistics [Text Block] | Key fund statistics
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Holdings [Text Block] | Portfolio holdings by sector (percent of net assets)![]() |
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