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Reply to "Unemployment rate falls to 3.9 percent, lowest level since 2000"

The average GDP for the first five quarters of the Trump administration is 2.5 percent.  Excluding the first quarter, when Obama was still president for 20 days and his legacy lingered on like a rotten carcass, the average is 2.9 percent.

Couple that with U3 unemployment rate of 3.9 percent (lowest in three decades, per above) and the U6 unemployment rate of 7.0 percent (U6 dropped under 9 percent in 2017, the first time its dropped that low in over 9 years.)   

Then, consider the increase in the industrial production index for the last 12 months.

us industrial production index

 

Slowly, but steadily, it appears the US economy is recovering and not lurching along at the bottom, as it did in the past maladministration. 

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