I haven't tracked measurements but I have dropped a few clothes sizes. I've noticed my size changing but my body composition hasn't changed much at all. I want to lose about 25 more and it just seems like too small an amount to have the effect I want, but maybe I'm completely off the mark.
I walk or run most days and stick to 1200-1400 calories, aiming for 2 pounds a week. I've had weeks where I've lost 3 or 4 and others where I've lost nothing, it's a bit inconsistent.