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Real GDP under every president, month by month

At month 21 in office, Trump II is at +4.1% since taking office: #5 of 10 administrations (average +3.6%). Official Bureau of Economic Analysis (BEA) data.

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-1.6%+5.8%+13.2%Month 1Month 13Month 25Month 37Month 48Nixon, month 1: 0.0%Nixon, month 4: +0.4%Nixon, month 7: +0.9%Nixon, month 10: +0.6%Nixon, month 13: +0.4%Nixon, month 16: +0.6%Nixon, month 19: +1.5%Nixon, month 22: +0.4%Nixon, month 25: +3.0%Nixon, month 28: +3.6%Nixon, month 31: +4.5%Nixon, month 34: +4.7%Nixon, month 37: +6.6%Nixon, month 40: +9.1%Nixon, month 43: +10.0%Nixon, month 46: +11.9%Nixon, month 48: +11.9%NixonCarter, month 1: 0.0%Carter, month 4: +1.8%Carter, month 7: +3.7%Carter, month 10: +3.7%Carter, month 13: +4.1%Carter, month 16: +8.1%Carter, month 19: +9.2%Carter, month 22: +10.7%Carter, month 25: +10.9%Carter, month 28: +11.0%Carter, month 31: +11.8%Carter, month 34: +12.1%Carter, month 37: +12.4%Carter, month 40: +10.1%Carter, month 43: +10.0%Carter, month 46: +12.1%Carter, month 48: +12.1%CarterReagan, month 1: 0.0%Reagan, month 4: -0.8%Reagan, month 7: +0.4%Reagan, month 10: -0.7%Reagan, month 13: -2.1%Reagan, month 16: -1.7%Reagan, month 19: -2.1%Reagan, month 22: -2.1%Reagan, month 25: -0.8%Reagan, month 28: +1.5%Reagan, month 31: +3.5%Reagan, month 34: +5.6%Reagan, month 37: +7.6%Reagan, month 40: +9.5%Reagan, month 43: +10.6%Reagan, month 46: +11.5%Reagan, month 48: +11.5%ReaganBush 41, month 1: 0.0%Bush 41, month 4: +0.8%Bush 41, month 7: +1.5%Bush 41, month 10: +1.7%Bush 41, month 13: +2.9%Bush 41, month 16: +3.2%Bush 41, month 19: +3.3%Bush 41, month 22: +2.4%Bush 41, month 25: +1.8%Bush 41, month 28: +2.7%Bush 41, month 31: +3.2%Bush 41, month 34: +3.6%Bush 41, month 37: +4.8%Bush 41, month 40: +5.9%Bush 41, month 43: +7.0%Bush 41, month 46: +8.1%Bush 41, month 48: +8.1%Bush 41Clinton, month 1: 0.0%Clinton, month 4: +0.6%Clinton, month 7: +1.0%Clinton, month 10: +2.4%Clinton, month 13: +3.4%Clinton, month 16: +4.8%Clinton, month 19: +5.4%Clinton, month 22: +6.6%Clinton, month 25: +7.0%Clinton, month 28: +7.3%Clinton, month 31: +8.2%Clinton, month 34: +9.0%Clinton, month 37: +9.7%Clinton, month 40: +11.6%Clinton, month 43: +12.6%Clinton, month 46: +13.8%Clinton, month 48: +13.8%ClintonBush 43, month 1: 0.0%Bush 43, month 4: +0.6%Bush 43, month 7: +0.2%Bush 43, month 10: +0.5%Bush 43, month 13: +1.3%Bush 43, month 16: +2.0%Bush 43, month 19: +2.4%Bush 43, month 22: +2.5%Bush 43, month 25: +3.0%Bush 43, month 28: +3.9%Bush 43, month 31: +5.7%Bush 43, month 34: +6.9%Bush 43, month 37: +7.5%Bush 43, month 40: +8.4%Bush 43, month 43: +9.4%Bush 43, month 46: +10.5%Bush 43, month 48: +10.5%Bush 43Obama, month 1: 0.0%Obama, month 4: -0.2%Obama, month 7: +0.2%Obama, month 10: +1.2%Obama, month 13: +1.7%Obama, month 16: +2.7%Obama, month 19: +3.5%Obama, month 22: +4.0%Obama, month 25: +3.8%Obama, month 28: +4.5%Obama, month 31: +4.5%Obama, month 34: +5.6%Obama, month 37: +6.6%Obama, month 40: +7.0%Obama, month 43: +7.2%Obama, month 46: +7.3%Obama, month 48: +7.3%ObamaTrump I, month 1: 0.0%Trump I, month 4: +0.6%Trump I, month 7: +1.3%Trump I, month 10: +2.5%Trump I, month 13: +3.3%Trump I, month 16: +3.9%Trump I, month 19: +4.5%Trump I, month 22: +4.6%Trump I, month 25: +5.3%Trump I, month 28: +6.2%Trump I, month 31: +7.4%Trump I, month 34: +8.2%Trump I, month 37: +6.8%Trump I, month 40: -1.6%Trump I, month 43: +6.0%Trump I, month 46: +7.2%Trump I, month 48: +7.2%Trump IBiden, month 1: 0.0%Biden, month 4: +1.7%Biden, month 7: +2.5%Biden, month 10: +4.2%Biden, month 13: +4.0%Biden, month 16: +4.1%Biden, month 19: +4.8%Biden, month 22: +5.5%Biden, month 25: +6.4%Biden, month 28: +7.0%Biden, month 31: +8.1%Biden, month 34: +9.1%Biden, month 37: +9.5%Biden, month 40: +10.5%Biden, month 43: +11.3%Biden, month 46: +12.0%Biden, month 48: +12.0%BidenTrump II, month 1: 0.0%Trump II, month 4: +1.0%Trump II, month 7: +1.9%Trump II, month 10: +2.0%Trump II, month 13: +2.6%Trump II, month 16: +3.2%Trump II, month 19: +4.1%Trump II, month 21: +4.1%Trump II
% change since each president's first month in office, months 1–48 of each term. Highlighted: Trump II.

Every administration at month 21

Real GDP at month 21 in office, 10 administrations ranked on % change since month 1. Average of all 10: +3.6%.
RankAdministrationValue at month 21Change since month 1Latest / end of month 48Primary federal source
#1Jimmy Carter$7.1T+9.2%$7.3T (month 48)Bureau of Economic Analysis · GDPC1
#2Bill Clinton$11.2T+5.4%$12.0T (month 48)Bureau of Economic Analysis · GDPC1
#3Joe Biden$22.1T+4.8%$23.6T (month 48)Bureau of Economic Analysis · GDPC1
#4Donald Trump (first term)$20.3T+4.5%$20.8T (month 48)Bureau of Economic Analysis · GDPC1
#5Donald Trump (second term) · in office$24.6T+4.1%$24.6T (month 21)Bureau of Economic Analysis · GDPC1
#6Barack Obama$16.9T+3.5%$17.5T (month 48)Bureau of Economic Analysis · GDPC1
#7George H. W. Bush$10.1T+3.3%$10.6T (month 48)Bureau of Economic Analysis · GDPC1
#8George W. Bush$14.5T+2.4%$15.7T (month 48)Bureau of Economic Analysis · GDPC1
#9Richard Nixon$5.4T+1.5%$5.9T (month 48)Bureau of Economic Analysis · GDPC1
#10Ronald Reagan$7.3T−2.1%$8.3T (month 48)Bureau of Economic Analysis · GDPC1

Methodology and source verification

Inflation-adjusted GDP in trillions of chained 2017 dollars (quarterly). Because the economy grows over decades, administrations are ranked on the % change since their own month 0, not on the level.

Every administration is aligned to its own inauguration: month 1 is the month it took office, and the comparison runs to month 48 (the first term). Each administration is compared at the same month in office, so a president halfway through a term is never measured against another's full four years.

Primary source: Bureau of Economic Analysis (BEA). Retrieved from the Federal Reserve Bank of St. Louis (FRED), series GDPC1, refreshed hourly. Latest observation 2026-07-01, first published 2026-10-29. Full methods: methodology.

Real GDP by president

Real GDP under Richard NixonReal GDP under Jimmy CarterReal GDP under Ronald ReaganReal GDP under George H. W. BushReal GDP under Bill ClintonReal GDP under George W. BushReal GDP under Barack ObamaReal GDP under Donald Trump (first term)Real GDP under Joe BidenReal GDP under Donald Trump (second term)

Other benchmarks

GDP GrowthUnemployment RateLabor Force ParticipationJobs Added per MonthManufacturing JobsInflation (CPI)Core InflationGas PricesReal WagesPurchasing Power of the DollarFederal Funds RateDebt-to-GDPTrade Balance30-Year Mortgage RateHousing StartsRetail SalesJob OpeningsJob Openings per Job SeekerPersonal Saving RateConsumer SentimentS&P 50010-Year Treasury Yield5-Year Treasury YieldYield Curve (10Y–2Y)Federal Budget Balance