Saturday, August 31, 2019

Economic Data Release -- Real GDP 2Q 2019 second estimate

Historical Note:
2017 Real GDP was up +2.4%, over 2016 (Trump)
2018 Real GDP was up +2.9%, over 2017 (Trump)
Obama averaged +2.2%, after the recession ended
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       8/29/19
2Q  2019  GDP
  Real final sales 
-- second estimate --
Real final sales is the
GDP minus volatile
inventory changes
1Q 2019 was +3.1% annual growth rate
1Q 2019 was +2.0%
4Q 2018 only +0.6%
3Q 2018 only +0.6%
2Q 2018 was +4.7% 
1Q 2018 was +2.4%        
4Q 2017 was +4.1%
3Q 2017 was +2.2%
2Q 2017 was +2.1% 
1Q 2017 was +3.0% Trump starts here

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