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The Very Latest Economic Data

United States Growth Tracker

World Economics
12 January 2021
                        
Speed Read
  • US GDP expanded by an annualised 33.1% in Q3 2020 after a 31% contraction in Q2.
  • Key indicators show economic activity remaining tepid in December.
  • Consumer sentiment has continued to improve from early 2020 but remained considerably down on a year ago.
  • Unemployment claims for December registered a fall of -6.1% year-on-year.
  • December’s sale of passenger cars remained 14% 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 - Q3 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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