Real gross domestic product under Donald Trump
The total output of the U.S. economy, with inflation taken out — the broadest single measure of economic activity.
Over 2017-01-20 to 2021-01-19, measured in Billions of Chained 2017 Dollars:
- Term average
- 20,306.78 Billions of Chained 2017 Dollars
- At the start
- 19,506.95 Billions of Chained 2017 Dollars
- At the end
- 21,082.13 Billions of Chained 2017 Dollars
- Change
- +1,575.18 Billions of Chained 2017 Dollars
- Low
- 19,077.99 Billions of Chained 2017 Dollars (2020-04-01)
- High
- 21,082.13 Billions of Chained 2017 Dollars (2021-01-01)
- Coverage
- 100% (16 observations)
Reading this series over a presidential term
A level that rises with population and productivity, so compare terms by annualized percent change rather than by average level. Quarterly data gives a four-year term about sixteen points.
GDP counts production that passes through a market. It says nothing about who receives the income, does not count unpaid household or volunteer work, treats spending to repair damage as output, and is revised for years — first the monthly vintages, then annual updates, then comprehensive revisions that can reshape a whole decade.
These are the observed values over the window above, and nothing more. This site does not say which direction is better, and none of this is a claim that Donald Trump caused the number to move.
What Real gross domestic product measures · Donald Trump: the whole record · Chart it · Compare with another president · The source at FRED