Well what do you know? The government sector managed to grow in Q2. Personal income is way up, but it's more than all due to transfer payments.
US GDP
US GDP
Wednesday, April 29, 2020
The OMG quarter is yet to be reported (we're still in it). Still, in the context of the longest-ever expansion, the awful Q1-2020 barely shows on the charts.
US GDP
Thursday, January 30, 2020
Real CAPEX ekes out a new all-time high, driven by ongoing surge in intellectual property investment.