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jjff: Your statement that "Obama never had

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olddog967 Member Level  Tuesday, 05/21/19 03:40:07 PM
Re: jjff post# 425336
Post # of 425658 
jjff: Your statement that "Obama never had 3% GDP growth in 8 years!" is factually incorrect. I assume the statement was made as an unfavorable comparison with the recently reported 3.2% rate for the 1st quarter 2019.

The Real GDP Growth rate is reported for both quarterly and annual periods. Even though the growth rate is reported quarterly, the BEA annualizes it.

During the Obama administration, the reported quarterly rates exceeded 3% for four reporting periods:

3rd qtr 2010 3.18%
3rd qtr 2014 3.04%
1st qtr 2015 3.81%
2nd qtr 2015 3.37%

https://www.multpl.com/us-real-gdp-growth-rate/table/by-quarter

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