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Investigating GDP Trends and Trump’s Claim He Will Produce “4% Annual Growth”

Courtesy of Mish.

The White House issues page titled Bringing Back Jobs And Growth claims “President Trump has outlined a bold plan to create 25 million new American jobs in the next decade and return to 4 percent annual economic growth.”

Let’s take a look at GDP trends and the reasons behind those trends to assess the likelihood of Trump’s claim.

US Real GDP Quarterly at Annualized Rate

US Real GDP Per Capita Quarterly at Annualized Rate

Let’s smooth out some of the volatility by using annual GDP growth.

US Real Annual GDP


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