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What growth occurred was unevenly distributed; roughly half of GDP growth from 2009 to 2015 went to the top 1% of households. [16] Unlike every previous post-war expansion, GDP growth remained under 3% for every calendar year. [17] Global growth would peak in 2017, resulting in a major synchronized slowdown that started in 2018.
Real GDP growth rate by president since 1947 (the quarter in which a new president takes office is attributed to the incoming president) [14] President Political party Period of presidency Average annual real GDP (in trillions) Average annual percentage growth Harry S. Truman (data available from 1947) Democratic: 1945–1953 2.43 4.88%
English: Annualized real GDP growth rates under U.S. presidents from Eisenhower to Biden, sorted by growth rate. Data source: U.S. Bureau of Economic Analysis quarterly data through the first quarter of 2023. Democrats are in blue, Republicans are in red. The quarter in which a new president takes office is attributed to the incoming president.
The US economy is on the verge of an extremely rare achievement. Economic growth in the first half of the year was solid, with the economy expanding a robust 2.8% annualized rate in the second ...
The first quarter's GDP growth marked a sharp pullback from a strong 3.4% pace during the final three months of 2023. US economic growth for last quarter is revised up slightly to a 1.4% annual ...
The Bureau of Economic Analysis's advance estimate of first quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 1.6% during the period, missing the 2.5% growth ...
United States real quarterly GDP (annualized) U.S. cumulative real (inflation-adjusted) GDP growth by US president (from Reagan to Obama) [137] Private sector workers earnings compared to GDP Private sector workers made ~$2 trillion or about 29.6% of all money earned in Q3 2023 (before taxes)
The Bureau of Economic Analysis's advance estimate of second quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 2.4% during the period, faster than consensus ...