Update Then and Now: With Column Excluding Pandemic

A few indicators comparing four years ago and today (and a column after three years – excluding the pandemic) …

  Jan-17 Jan-20 Dec-20
Vehicle Sales1 16.7 16.9 16.4
Employment change2 2,591 2,195 -704
Unemployment Rate3 4.7% 3.5% 6.7%
Participation Rate4 62.8% 63.4% 61.5%
Housing Starts5 1,056 1,262 1,278
New Home Sales6 486 644 679
Mortgage Delinquency Rate7 6.1% 4.6% 8.3%
GDP Growth8 2.3% 2.5% 1.0%
Budget Deficit9 3.2% 4.6% 16.0%
S&P 50010 2,269 3,317 3,800
1millions, SAAR (average previous 4 years, or 3 years for Jan 2020)
2Thousands (Average previous 4 years, or 3 years for Jan 2020)
3Most Recent Month
4Most Recent Month
5Thousands, SAAR (average previous 4 years, or 3 years for Jan 2020)
6Thousands, SAAR (average previous 4 years, or 3 years for Jan 2020)
7Annual GDP growth (over previous 4 years, or 3 years for Jan 2020).  Q4 2020 estimated at 5.0% annual rate.
8Source: MBA, Quarterly including in-foreclosure (most recent quarter)
9Source: CBP: Annual, fiscal 2016, 2019, and 2020
10Jan 20, 2017, Jan 21, 2020 and Jan 19, 2021