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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. [ 1] This pattern of faster GDP growth under Democratic presidents continued after Blinder and Watson published their study; GDP grew ...
This recession was one of the main causes of the American Civil War, which would begin in 1861 and end in 1865. This is the earliest recession to which the NBER assigns specific months (rather than years) for the peak and trough. [ 6][ 8][ 21] 1860–1861 recession. October 1860 – June 1861. 8 months.
Franklin D. Roosevelt. 4,422 days. (1933–1945) William Henry Harrison. 31 days. (1841) This is a list of presidents of the United States by time in office. The listed number of days is calculated as the difference between dates, which counts the number of calendar days except the last day. The length of a full four-year presidential term of ...
Oct 1945–. Nov 1948. 37. +5.2%. +1.5%. As the United States demobilized from World War II, the decline in government spending caused a brief recession in 1945 and suppressed GDP growth for several years thereafter. However, private economic activity expanded at a brisk pace throughout this period.
Obama presents his first weekly address as President of the United States on January 24, 2009, discussing the American Recovery and Reinvestment Act of 2009 Job Growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term. 2016 was the first year U.S. real (inflation-adjusted) median household income surpassed 1999 levels.
The history of the United States public debt began with federal government debt incurred during the American Revolutionary War by the first U.S treasurer, Michael Hillegas, after the country's formation in 1776. The United States has continuously experienced fluctuating public debt, except for about a year during 1835–1836.
v. t. e. Barack Obama, a Democrat from Illinois, was elected President of the United States on November 4, 2008 and was inaugurated as the nation's 44th president on January 20, 2009. Re-elected on November 6, 2012, his second inauguration was on January 20, 2013, and his presidency ended on January 20, 2017, with the inauguration of Donald Trump.
Job growth by US president, measured as cumulative percentage change from month after inauguration to end of term [150] Panel chart illustrates nine key economic variables measured annually in 2014–2017. The years 2014–2016 were during President Obama's second term, while 2017 was during President Trump's term. Refer to citations on detail ...