by Calculated Risk on 7/27/2018 01:24:00 PM
Friday, July 27, 2018
Top Twenty Five GDP Quarters since 2000
With the release of Q2 GDP data, and the 2018 Comprehensive Update to GDP (including revisions), here is an update to the table showing the top 25 quarters since Q1 2000.
Q2 2018 is the eleventh best quarter for real annualized GDP since Q1 2000. Note: unrounded, Q2 2018 was at 4.06%, just behind Q4 2004 at 4.07%.
Q2 GDP was solid..
As I've noted before, based on demographics, 2% is the new 4% (that is just simple arithmetic). I've also noted that a large government program (such as a war, or a tax cut) can give a short term boost to GDP.
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 | G.W.Bush |
3 | 5.4% | 2006 | Q1 | G.W.Bush |
4 | 5.1% | 2014 | Q2 | Obama |
5 | 4.9% | 2014 | Q3 | Obama |
6 | 4.7% | 2011 | Q4 | Obama |
7 | 4.7% | 2003 | Q4 | G.W.Bush |
8 | 4.5% | 2005 | Q1 | G.W.Bush |
9 | 4.5% | 2009 | Q4 | Obama |
10 | 4.1% | 2004 | Q4 | G.W.Bush |
11 | 4.1% | 2018 | Q2 | Trump |
12 | 3.8% | 2004 | Q3 | G.W.Bush |
13 | 3.7% | 2010 | Q2 | Obama |
14 | 3.6% | 2005 | Q3 | G.W.Bush |
15 | 3.6% | 2013 | Q1 | Obama |
16 | 3.5% | 2002 | Q1 | G.W.Bush |
17 | 3.5% | 2003 | Q2 | G.W.Bush |
18 | 3.4% | 2006 | Q4 | G.W.Bush |
19 | 3.3% | 2015 | Q2 | Obama |
20 | 3.3% | 2015 | Q1 | Obama |
21 | 3.2% | 2013 | Q4 | Obama |
22 | 3.2% | 2013 | Q3 | Obama |
23 | 3.2% | 2012 | Q1 | Obama |
24 | 3.1% | 2004 | Q2 | G.W.Bush |
25 | 3.0% | 2017 | Q2 | Trump |