Atlanta Fed GDPNow U.S. Real GDP Estimate The GDPNow model estimate for U.S. real GDP growth is 2.9% for 2020:Q1. Image: Federal Reserve Bank of Atlanta

China Real GDP Growth Forecast This chart suggests China’s real GDP growth this year, under different scenarios. Image: Goldman Sachs Global Investment Research

U.S. Real GDP Growth Oxford Economics expects weak GDP growth in the first quarter and 1.6% in 2020. Image: Oxford Economics

U.S. Real GDP Forecast According to 37 professional forecasters surveyed by the Federal Reserve Bank of Philadelphia, U.S. real GDP is expected to grow 2% in 2020 and should continue to improve next year. Image: Macrobond Financial

Long-Term Annual Real GDP Growth in the U.S. Most forecasters projects long-term real GDP growth of about 2% in the United States, except for the White House (Office of Management and Budget). Image: Committee for a Responsible Federal Budget

DM Real GDP and WTI Crude Oil (Leading Indicator) Chart suggesting that the 18-month rate of change of WTI crude oil (inverted) tends to lead DM real GDP by 18 months. Image: Topdown Charts

Temporary Help Services Jobs vs. Real GDP and U.S. Recessions Temporary Help Services Jobs at -0.50% YoY in January, are a good leading indicator before a recession (red line at -3.5%). In 2001 and 2007, when Temporary Help Services Jobs were below -3.5% YoY, a recession began in the United States.

Contribution to U.S. Real GDP by Sector Chart showing the contribution to U.S. real GDP by sector. Image: The Daily Shot – The Wall Street Journal

U.S. Real GDP Leading Indicator The U.S. real GDP leading indicator suggests an improvement in the second half of 2020 (R² = 0.74). Image: KKR Global Macro

S&P 500 Realized Volatility and U.S. Real GDP Growth Chart suggesting the correlation between the S&P 500 realized volatility and U.S. real GDP growth. Image: Goldman Sachs Global Investment Research