Thursday, May 17, 2018

Economic Growth by Presidents in early days

The Early Economic Records of Presidents from Kennedy to Trump

President     GDP      Business Investment      Investment in Equipment
Kennedy      7.0%               8.3%                                   14.2%
Johnson        6.3%             10.7%                                  11.9%
Nixon           0.0%             -1.6%                                   -0.3%
Carter           2.7%              8.2%                                   12.2%
Reagan        -2.1%              3.0%                                   -3.0%
Bush-1          2.6%              0.5%                                  -0.2%
Clinton         3.5%              7.7%                                  13.5%
Bush-2         1.1%             -4.7%                                   -6.1%
Obama         2.2%              1.5%                                   14.7%
Trump          2.6%              5.9%                                     9.0%

Source: Bureau of Economic Analysis. These measures represent annual growth rates of real GDP, business fixed investment, and investment in equipment over the three quarters from each president’s third, fourth and fifth quarters in office.

Courtesy of Brookings Institute

No comments: