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Middleburg Markets Report Q4 2019

The U.S. economy continued its record long expansion in the fourth quarter of 2019. It added 573,000 jobs over the last quarter, pushing the unemployment rate down to just 3.5%, the lowest reading since 1969. Initial jobless claims remain low and total housing starts increased to an annual rate of 1.44 million in Q4 2019, the highest total in more than 12 years.