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US Economic Trends - GDP, Inflation and Unemployment Impact on House Prices 2021 :: The Market Oracle ::


GDP
The US economy is recovering fast from the corona crash with annualised GDP down just 2.8% for Q3, a remarkable performance and far better than most western nations.
Whilst it is a bit early to suggest an economic boom for 2021, still everything is pointing towards at least a 2.5% gain for the year, where the US housing market is LEADING the recovery, which given potential momentum of 10% implies US GDP for 2021 should easily exceed 3% and could nudge above 4% by the end of 2021. Which means that the US will have more than recovered from the pandemic crash by the end of 2021.
US Unemployment ....

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