History of U.S. Economic Indicators for each Presidential Term Since Reagan.

Summary Analysis for each U. S. Economic Indicator by :
Jim Moranville

1. Jobs Added

Trump during the first two years of his term added an average  of 2,416,000 jobs annually.  This is LESS THAN the average  number of jobs added by Obama in his last 4-year term with an annual  average  of 2,588,750, both of Clinton terms (1st term being the highest of all other presidents: 2,913,250 annual  average, and Reagan’s 2nd term with a 2,697,750 annual  average.

2. Unemployment Rate

Trump during the first two years of his term lowered the unemployment rate from 4.7% to 3.9% or only by 0.8%. Obama, on the other hand, decreased the rate from 7.3% (during the recession the unemployment rate increased to 9.9% his first year) to 4.7%, which is a decrease of 2.2% from the height of the recession. Obama had the highest declline in this rate since before  Reagan.

3. GDP (Gross Domestic Product)

Trump during the first two years of his term has an annual  GDP average  of 2.65%, which is the highest since Clinton’s two terms

(Clinton’s 2nd term has the highest average  of 4.45%). Reagan also had two terms with a higher annual  average.

4. Inflation

Trump during the first two years of his term has total inflation of 4.00%, an average  of 2.00%, which is comparably higher than

Obama’s last term at 5.10% for four years, an average  of 1.28%.

5. Stock Market

The stock market is normally higher every year.  The stock market should be analyzed not by how high it is, but how it increases over time as a percentage. Investors look at the percent increase  of their investments over a period of time, normally a year.  So Trump’s claim that the stock market never has been  as high as it is now is MISLEADING.  As you can see, the first two years of Trump’s 1st term yielded an annual average  of 9.0% increase, versus  an annual  average  of 12.5% for both of Obama’s terms, and an annual average  of 20.3% for both of Clinton’s terms, and an annual  average  of 13.1% for both of Reagan’s terms. So Trump’s average  annual  increase  of the stock market is LESS THAN what these predecessors experienced. AND, at the time of each of their presidential terms, the stock market was at an “all-time high” for each of his predecessors in most cases!

6. Overall Summary

As you can see, all of the listed factors DO NOT substantiate Trump’s claim of “the best economy ever”!! IN FACT, these economic indicators put Trump’s economy in perspective – but DEFINITELY NOT THE BEST!

Mouse over precious and next arrow at bottom of table to scroll through the details.