• ABOUT – DICK YOUNG
  • YWMF – ARCHIVES

Young's World Money Forecast

Since 1978 With a 32 Year Vacation

  • DICK YOUNG
    • FROM RICHARD C. YOUNG
    • THE FINAL INTELLIGENCE REPORT
  • INVESTING STRATEGIES
    • RETIREMENT COMPOUNDERS®
    • GOLD & SILVER
  • DIVIDENDS & COMPOUNDING
    • MIRACLE OF COMPOUNDING
    • DIVIDENDS
  • GRAHAM & RUSSELL
    • BEN GRAHAM
    • RICHARD RUSSELL
  • THE DOW AND THE LEADERS
    • DOW vs. S&P 500
    • DOW vs. DOW DIVIDEND PER SHARE
  • WELLINGTON MANAGEMENT COMPANY
  • YOUR SURVIVAL GUY
  • BANK CREDIT & MONEY
  • THE PRUDENT MAN

Archives for December 2020

Exactly When Did the US Economy Hit Bottom?

December 4, 2020 By Richard Young

There is no doubt that the exact low for our economy was April 2020.

Since April, and thanks to the series of measures Donald Trump has taken to rebuild the hamstrung economy he inherited from an off-track Obama team, the US economy has had an exciting rebound.

Let me show you.

Four macro-economic series give you all you need to know.

  • Manufacturers’ New Orders for Consumer Goods and Materials bottomed in April 2020 at 109,714,000,000. It has since rallied all the way back to 137,131,000,000, just a hair below the pre-bust peak reading of 137,809,000,000.
  • Construction Contracts bottomed one month later in May at 41,860,000. CCs have since rallied back to 59,430,000.
  • New Private Housing Units Started also bottomed in April at 1,066,000. The powerful post-crash rally has now produced a new major cycle peak reading at 1,545,000.
  • Residential Private Fixed Investment also bottomed in April and at 571,270,000,000. The strong post-crash rally has produced a new major cycle peak at 641,783,000,000.

Donald Trump delivered Americans the greatest job gains in history and a resilient, foundationally strong economy in the bargain. Trump needs to continue his work. And as has already been proven, all Americans will be the beneficiary. This can happen!

Filed Under: Investing Strategies

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS New From Young Research & Publishing

  • Graduate to Retirement #12: Find Your Inner Tom Sawyer
  • Hybrids Surge as EV Sales Stall in Early 2025
  • DOE Cancels $3.7B in Energy Grants
  • Robot-Like Brains and Eyes: Anduril and Meta Bringing XR to U.S. Warfighters
  • Work to Retirement #11: Whatcha Gonna Do?
  • First Quarter GDP Revised Upward
  • Optimism Rises: Confidence Index Surges
  • Trade Tensions Ground Jet Engine Sales to China
  • Graduating from Work to Retirement #10: “Someday I Will”
  • NVIDIA Unveils Cheaper Blackwell GPU for China Sales

RSS New From Your Survival Guy

  • Graduate to Retirement #12: Find Your Inner Tom Sawyer
  • Investing Habits of the Fairly Wealthy: #5 Math
  • Work to Retirement #11: Whatcha Gonna Do?
  • Investing Habits of the Fairly Wealthy: #6 Armadillo
  • Graduating from Work to Retirement #10: “Someday I Will”
  • Investing Habits of the Fairly Wealthy: #7 “C-“
  • Graduating from Work to Retirement #9: EF
  • Investing Habits of the Fairly Wealthy: #8 “Safety”
  • Graduating from Work to Retirement: Get Paid #8
  • Investing Habits of the Fairly Wealthy: #9 FTX

Search Our Site

Richard C. Young & Co., Ltd.

–Client Letter Sign Up–

Sign up to receive email alerts when our latest client letter is posted on our website.

Copyright © 2025 · About Dick Young · Terms & Conditions