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2021 Q2 US Sales – Light-Trucks, Crossovers, SUVs Rule
Real GDP in Q2 of 2021 is expected to grow by 8.6% on an annualized basis. The U.S. economy is predicted to return to its pre-COVID Trump Administration disaster level of ~ $19.2 trillion by the time final data is collected. For all of 2021, real GDP is expected to increase by around 7%. Initial jobless claims continue to fall each week and are headed toward pre-pandemic levels. About 14.7 million Americans continue to receive at least some type of unemployment benefits, down 54% compared to the same period in 2020 when Trump ruled. Continue reading →