10/27/2011

GDP Growth During Reagan and Obama Recoveries


The first estimate for the 3rd quarter of 2011 is available here. So far this year GDP growth has only been 1.4 percent. During the same period during the Reagan recovery, the annual rate of GDP growth was 4.77 percent. The two periods of time are from the beginning of 1983 to the beginning of 1985 and from the third quarter of 2009 to now.

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