RSS Feed by Calculated Risk on 7/22/2019 02:49:00 PM
Monday, July 22, 2019
Top Twenty Five GDP Quarters since 2000
A year ago I posted a list of the top twenty five GDP quarters since 2000. Here is an update.
The advance estimate of Q2 GDP data will be released this Friday, and the consensus estimate is for real GDP to increase 1.9% in Q2 2019 (Annualized).
Last year, in Q2 2018, GDP increased 4.2%, making it the tenth best quarter for real annualized GDP since Q1 2000.
As I've noted before, based on demographics, 2% is the new 4% (that is just simple arithmetic).
| Top 25 GDP Quarters since 2000 Real GDP, Annualized Rate | ||||
|---|---|---|---|---|
| GDP | Year | Quarter | President | |
| 1 | 7.5% | 2000 | Q2 | Clinton |
| 2 | 7.0% | 2003 | Q3 | GW Bush |
| 3 | 5.4% | 2006 | Q1 | GW Bush |
| 4 | 5.1% | 2014 | Q2 | Obama |
| 5 | 4.9% | 2014 | Q3 | Obama |
| 6 | 4.7% | 2011 | Q4 | Obama |
| 7 | 4.7% | 2003 | Q4 | GW Bush |
| 8 | 4.5% | 2005 | Q1 | GW Bush |
| 9 | 4.5% | 2009 | Q4 | Obama |
| 10 | 4.2% | 2018 | Q2 | Trump |
| 11 | 4.1% | 2004 | Q4 | GW Bush |
| 12 | 3.8% | 2004 | Q3 | GW Bush |
| 13 | 3.7% | 2010 | Q2 | Obama |
| 14 | 3.6% | 2005 | Q3 | GW Bush |
| 15 | 3.6% | 2013 | Q1 | Obama |
| 16 | 3.5% | 2002 | Q1 | GW Bush |
| 17 | 3.5% | 2003 | Q2 | GW Bush |
| 18 | 3.5% | 2006 | Q4 | GW Bush |
| 19 | 3.4% | 2018 | Q3 | Trump |
| 20 | 3.3% | 2015 | Q2 | Obama |
| 21 | 3.3% | 2015 | Q1 | Obama |
| 22 | 3.2% | 2013 | Q4 | Obama |
| 23 | 3.2% | 2013 | Q3 | Obama |
| 24 | 3.2% | 2012 | Q1 | Obama |
| 25 | 3.1% | 2019 | Q1 | Trump |
