What does Obama have to do with Q3 2019 GDP? Household income...

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    What does Obama have to do with Q3 2019 GDP?

    Household income might be up but house growth is down fell 9.4 percent while multi-family housing segment dropped 28.2 percent while single-family homebuilding increased 0.3 percent.

    Quite a mixed bag

    You're right about the unemployment rate but it has been on a long term downward trend since 2010
    .

    Wages in the United States increased 5.34 percent in August of 2019 over the same month in the previous year. Wage Growth in the United States averaged 6.21 percent from 1960 until 2019

    US industrial output dropped 0.4 percent from a month earlier in September 2019.

    Not all is rosey in the States, there is some underlying weakness starting to show through.

 
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