• 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

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!

Related

Filed Under: Investing Strategies

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

RSS New From Young Research & Publishing

  • Surviving Your Retirement Life: Rocky Mountain High
  • White House Warns of $15B Weekly Hit from Shutdown
  • US–Mexico Energy Trade Falls to $57B in 2024
  • BlackRock Acquires Aligned Data Centers
  • Penn State Tests Streetlight EV Charging to Expand Access
  • BULLDOG: Vance Blasts Democrats for the Schumer Shutdown
  • Global Gas Turbine Shortage Threatens Energy Transition
  • Fed Faces Data Drought Amid Government Shutdown
  • $7.5 Billion in Biden-Era Projects Scrapped by DOE
  • Your Survival Guy Admiring Downeast Yachts at the Boat Show

RSS New From Your Survival Guy

  • Surviving Your Retirement Life: Rocky Mountain High
  • Your Survival Guy: “It’s Saving Me Too”
  • “Talk to Me, Goose!” Time Flies in Top Gun: Maverick
  • Should You Be Forced To Save for Retirement?
  • Babson College #2 in WSJ 2026 Best Colleges in America
  • SOLAR: If It Doesn’t Work in California, Can It Work Anywhere?
  • First Gimme Shelter Then See If Money Floats
  • Is Nuclear Fusion Still Ten Years Away?
  • You and Oracle’s Larry Ellison Look Marvelous
  • Vinyl Through My McIntosh MA 6100 Preamp-Amplifier and Golf

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.

Disclaimer:

The information contained here is for informational and educational purposes only. It is not intended nor should it be considered investment advice or a recommendation of securities. Past performance is not a guarantee of future results. It is possible to lose money by investing. You should carefully consider your investment objectives and risk tolerance before investing.

Copyright © 2025 · About Dick Young · Terms & Conditions