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  1. Mar 22, 2024 · According to economists, the ideal average annual GDP growth should be 2% to 3% each year. President Franklin D. Roosevelt had the highest average annual growth at 10.1%, because of increased ...

  2. Jul 19, 2022 · The best-ever quarterly GDP growth rate has been 33.8% for the third quarter (Q3) of 2020. The worst-ever quarterly growth rate has been -33.4% in the second quarter of 2020. Both occurred under President Trump, who declared a national emergency in March 2020 in response to the spread of the COVID-19 pandemic.

    • Kimberly Amadeo
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  4. The chart below shows cumulative GDP performance by president from the start of their presidencies. 0 5 10 15 20 25 30 0 5 10 15 20 25 30 John F. Kennedy Lyndon B. Johnson Richard Nixon Gerald Ford Jimmy Carter Ronald Reagan George H.W. Bush Bill Clinton George W Bush Barack Obama Donald Trump Joe Biden 16% 30% 15% 8% 14% 31% 8% 34% 15% 19% 6% ...

  5. Closer inspection of the quarterly data reveals that the five highest growth rates in the sample all came under Democratic presidents, while four of the five lowest came under Republicans. But the D-R gap is not the result of a handful of outliers. For example, dropping

  6. Blinder and Watson estimated the average Democratic real GDP growth rate at 4.3%, vs. 2.5% for Republicans, from President Truman's elected term through President Obama's first term, which ended January 2013.

  7. 4 days ago · Inflation rate: 3.7%. Poverty rate: 11.30%. Real disposable income per capita: $34,216. Disposable income per capita (adjusted for inflation): $53,895. Clinton’s presidency was not too different from his predecessor’s in terms of the numbers, which may highlight the president’s limited control over the economy.

  8. 4 days ago · Inflation rate: 3.7%. Poverty rate: 11.30%. Real disposable income per capita: $34,216. Disposable income per capita (adjusted for inflation): $53,895. Clinton’s presidency was not too different ...