Talk of The Villages Florida - View Single Post - Dropping Home Prices in TV is a Good Thing
View Single Post
 
Old 10-08-2023, 04:17 PM
Pballer Pballer is offline
Senior Member
Join Date: Apr 2020
Posts: 173
Thanks: 0
Thanked 234 Times in 95 Posts
Default

Quote:
Originally Posted by JMintzer View Post
As of December 2019, it was 3.18%, the highest it had been since 2004...

Oh, I forgot to add... The average GDP for years ending 2017, 2018, 2019 (the 3 years before Covid) was 2.97%, not 2.5%

US Real GDP Growth Rate by Year
Don't know how you get a 2.97 average from 2.99, 2.12 and 3.18. It comes out to a 2.76 average whether arithmetic or geometric. Still not "on fire" compared to Reagan and Clinton years.