# U.S. economy misses Trump's 3% growth target in 2019

> The U.S. economy grew below President Trump's 3% target in 2019. Economists expect the expansion, now in its 11th year, to continue and a recession is seen as unlikely. The Fed signaled moderate growth but flagged risks including the coronavirus outbreak in China.

- Date: 2020-01-30 · published 2020-01-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/54993-u-s-economy-misses-trump-s-3-growth-target-in-2019
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Slower US growth and demand risks weigh on energy and industrial commodities, while the coronavirus risk to China's demand is a further downside factor for feed commodities.

## Read by commodity

- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2025-04-04 | [Trump tariffs likely to raise inflation, slow US economic growth: Fed  \| AP News](https://feedsoft.ai/events/25044-trump-tariffs-likely-to-raise-inflation-slow-us-economic-growth-fed-ap-news.md) | -10.2% | -12.0% |
| WTI | 2018-11-21 | [Forecasters See U.S. GDP Growth Easing in 2019 after 2018 Surge \| St. Louis Fed](https://feedsoft.ai/events/61964-forecasters-see-u-s-gdp-growth-easing-in-2019-after-2018-surge-st-louis-fed.md) | -6.1% | -10.7% |
| WTI | 2020-07-30 | [COVID-19 crushes U.S. economy in second quarter; rising virus cases loom over recovery](https://feedsoft.ai/events/52300-covid-19-crushes-u-s-economy-in-second-quarter-rising-virus-cases-loom-over.md) | +2.6% | +5.1% |
| WTI | 2022-07-15 | [What the dollar's surge means for the economy](https://feedsoft.ai/events/40692-what-the-dollar-s-surge-means-for-the-economy.md) | +0.6% | -1.0% |
| WTI | 2019-01-21 | [Canadian dollar weakens as IMF cuts world growth outlook, data shows slowdown in China’s economy - The Globe and Mail](https://feedsoft.ai/events/61321-canadian-dollar-weakens-as-imf-cuts-world-growth-outlook-data-shows-slowdown-in.md) | -0.2% | +3.6% |

## Sources

- reuters.com: https://www.reuters.com/article/business/us-economy-misses-trumps-3-growth-target-in-2019-idUSKBN1ZT2KR/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.