We entered the year with a slowing economy, as the economy grew only 2.4% at the

Agents are giving house keys of customer with handshaking after good deal at agency office. Real Estate and Agreement concept.

end of 2019. That slow economy shut down at the end of the first quarter (-5.0%) and stayed shut down through most of the second quarter (-31.4%). We then had a steep rebound in the third quarter (+33.4%) and then the +4.0% finish. If you add up the numbers, this was 36.4% on the downside and 37.4% on the upside. Regardless of the math, the economy actually fell 3.5% for the year because the growth was from a smaller number.