Economic Data Releases Last Week

Historical Note:
2017 Real GDP was up +2.4%, over 2016 (Trump)
2018 Real GDP was up +2.9%, over 2017 (Trump)
2019 Real GDP was up +2.3%, over 2018 (Trump)
          Trump averaged +2.5% for 2017, 2018 and 2019
         Obama averaged +2.2%, after the recession ended
                                                                                                   (7.5 years)
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       2/27/20

4Q  2019  GDP

Real final sales 
-- second estimate --

Real final sales is the
GDP minus volatile
inventory changes

4Q 2019 was +3.1% annual growth rate
3Q 2019 was +2.1%
2Q 2019 was +2.9% 
1Q 2019 was +2.6%
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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           2/26/20

New  Home  Sales
- January  2020       up +7.9%
- December  2019    up +2.3%
- December 2019 down -2.1% 
- October 2019     down -2.5% 
- October 2019     down -2.8% 
- Septmber 2019      up +2.7%
- 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%

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           2/27/20

Durable  Goods  Orders
- January 2020      down +0.1%
- December 2019        up +2.9%
- November 2019    down -3.1%
- October 2019            up +0.2%
- September 2019  down -1.5%
- 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%

Durable Goods excluding 

volatile transportation orders:
          Up +0.9% in January 2020
 Up only +0.1% in December 2019
     Down -0.5% in November 2019 
         Up +0.2% in October 2019
     Down -0.6% 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