Economic data releases last week - mixed news

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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       11/27/19

3Q  2019  GDP

Real final sales 
-- second estimate --

Real final sales is the
GDP minus volatile
inventory changes

3Q 2019 was +1.9% annual growth rate
2Q 2019 was +2.9% 
1Q 2019 was +2.6%
4Q 2018 was +0.6%
3Q 2018 was +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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           11/26/19

New  Home  Sales
- October 2019    down -0.1% 
- Septmber 2019     up +3.8%
- August 2019          up +7.0%
- July 2019           down -9.5%

- June 2019             up +22.0%
- May 2019            down -8.8% 
- April 2019           down -5.1% 
- March 2019             up +3.3%
- February 2019        up +3.9%
- January  2019       up +14.2%
- December 2019  down -8.3% 
- November 2018    up +10.4%

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           1/27/19

Durable  Goods  Orders
- October 2019            up +0.6%
- September 2019  down -1.4%
- August 2019            up +0.2%

- July 2019                 up +2.1%
- June 2019                up +1.8%
- May 2019             down -2.3%
- April 2019            down -2.8%
- March 2019              up +1.7%
- February  2019    down -2.6%
- January 2019           up +0.5%
- December 2018        up +1.1%
- November 2018       up +0.6%

Durable Goods excluding 

volatile transportation orders:
         Up +0.6% in October 2019
     Down -0.4% in September 2019 
 Up only +0.1% in August 2019
     Down -0.5% in July 2019
         Up +0.7% in June 2019
         Up +0.4% in May 2019
     Down -0.2% in April 2019
     Down -0.5% in March 2019
     Down -0.3% in February 2019
 Up only +0.1% in January 2019

         Up +0.2% in December 2018
     Down -0.6% in November 2018


All Data releases are always located here:
        www.ELblog2019.Blogspot.com