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The Very Latest Economic Data

United States Growth Tracker

World Economics
10 September 2020
                        
Speed Read
  • US GDP for Q2 contracted by over 31%, wiping out 4 years og GDP growth.
  • Key indicators show economic activity still in recession in August despite improvements.
  • Consumer and Business Sentiment fell sharply in March to June, an uptick has been noted as businesses continue to return to work.
  • Unemployment claims eased very slightly in May and August but sit at -7% year-on-year
  • The sale of passenger cars remain 30% below a year ago.


GDP Growth


Real GDP Growth 1961 - 2018

Since 1961, annual American real GDP growth has been following a falling trend year-on-year.



Quarterly Real GDP Growth Q1 2008 - Q2 2020 ($billion, 2009 chained)


 

 

Leading & Composite Indicators


OECD Composite Leading Indicator

The OECD Composite Leading Indicator® (CLI) is designed “to provide early signals of turning points between expansions and slowdowns of economic activity”. The components include: Dwellings started (number), Net new orders for durable goods, share prices: NYSE composite, consumer sentiment indicator, weekly hours of work: manufacturing, purchasing managers index, and the spread of interest rates. 
 

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