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February 14, 2020

GDP and Nonfarm Payrolls look positive, but what do the components tell us?

Since our last post, two of the more widely followed economic data points have been released, Q4 2019 GDP and the January 2020 Nonfarm Payroll Report.  Both had solid headline reports; US GDP grew 2.1% (annualized quarterly change) and nonfarm payrolls increased by 225,000.  Digging below the surface and examining the components of both reports...
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