We’ll close this update with another look at real growth since the turn of the century, highlighting the actual monthly data points and adding a three-month moving average. The MA trend has been slowly zigzagging higher since the trough in 2011, which illustrates Gordon Green’s observations in the latest press release.
The latest monthly data point is 0.6% below the January 2000 level. The 3-month moving average is 0.3% below the January 2000 benchmark.
Check back next month for another update.
This article is brought to you courtesy of Doug Short from Advisor Perspectives.