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| GDP Year | Exchange | GDP Value | GDP diff | peak & valley | GDP % | diff % | unemployment rate | employment population | poverty rate | avg poverty rate | inflation | deficit * | debt increase * | deficit-2-GDP * | FYFSD | STOCKS actual | HOUSE PRICES avg | COLLEGE COST avg | GAS PRICES avg | MEDIAN HOUSEHOLD INCOME avg | president | yr | party | senate | house | noteworthy | |||||
| 1960 | USD | $3,007.12 | $0 | $2 | -0.1% | Eisenhower | rep | Recession | |||||||||||||||||||||||
| 1961 | USD | $3,066.56 | $59.44 | peak | 1.9% | 6.0% | 65,776,000 | 29.9 | $3 | $3 | 0.6% | -$3,335.00 | Kennedy | 1 | dem | dem | dem | JFK takes office; minimum wage: $1.15 | |||||||||||||
| 1962 | USD | $3,243.84 | $177.28 | peak | 5.5% | 3.5% | 5.5% | 66,108,000 | 30.3 | $7 | $9 | 1.2% | -$7,146.00 | Kennedy | 2 | dem | dem | dem | Cuban Missile Crisis | ||||||||||||
| 1963 | USD | $3,374.52 | $130.67 | peak | 3.9% | 1.6% | 5.5% | 67,072,000 | 30.6 | $5 | $8 | 0.7% | -$4,756.00 | $19,375.00 | $243.00 | Johnson | 1 | dem | dem | dem | LBJ takes office; minimum wage: $1.25 | ||||||||||
| 1964 | USD | $3,573.94 | $199.43 | peak | 5.6% | 1.7% | 5.0% | 68,327,000 | 31.0 | $6 | $6 | 0.9% | -$5,915.00 | $20,300.00 | unavailable | Johnson | 2 | dem | dem | dem | Tax cut | ||||||||||
| 1965 | USD | $3,827.53 | $253.59 | peak | 6.6% | 1.0% | 4.0% | 69,997,000 | 31.5 | $1 | $6 | 0.2% | -$1,411.00 | $21,450.00 | unavailable | Johnson | 3 | dem | dem | dem | U.S. entered Vietnam War | ||||||||||
| 1966 | USD | $4,146.32 | $318.79 | peak | 7.7% | 1.1% | 3.8% | 72,198,000 | 32.5 | $4 | $3 | 0.5% | -$3,698.00 | $22,925.00 | $302.00 | Johnson | 4 | dem | dem | dem | Expansion | ||||||||||
| 1967 | USD | $4,336.43 | $190.11 | peak | 4.4% | 3.3% | 3.8% | 73,671,000 | 33.4 | $9 | $6 | 1.0% | -$8,643.00 | $24,125.00 | $310.00 | Johnson | 5 | dem | dem | dem | Minimum wage: $1.40 | ||||||||||
| 1968 | USD | $4,695.92 | $359.50 | peak | 7.7% | 3.3% | 3.4% | 74,700,000 | 34.8 | $25 | $21 | 2.7% | -$25,161.00 | $26,425.00 | $321.00 | Johnson | 6 | dem | dem | dem | Minimum wage: $1.60 | ||||||||||
| 1969 | USD | $5,032.14 | $336.22 | peak | 6.7% | 1.0% | 3.5% | 76,805,000 | 36.7 | -$3 | $6 | -0.3% | $3,242.00 | $27,725.00 | $358.00 | Nixon | 1 | rep | dem | dem | Nixon took office | ||||||||||
| 1970 | USD | $5,234.30 | $202.15 | peak | 3.9% | 2.8% | 6.1% | 78,780,000 | 38.8 | $3 | $17 | 0.3% | -$2,842.00 | $26,650.00 | $394.00 | Nixon | 2 | rep | dem | dem | Recession | ||||||||||
| 1971 | USD | $5,609.38 | $375.09 | peak | 6.7% | 2.8% | 6.0% | 78,864,000 | 40.5 | $23 | $27 | 2.0% | -$23,033.00 | $28,100.00 | $428.00 | Nixon | 3 | rep | dem | dem | Emergency Employment Act; wage-price controls | ||||||||||
| 1972 | USD | $6,094.02 | $484.64 | peak | 8.0% | 1.3% | 5.2% | 80,959,000 | 41.8 | $23 | $29 | 1.8% | -$23,373.00 | $30,075.00 | $503.00 | Nixon | 4 | rep | dem | dem | Ongoing stagflation; Watergate | ||||||||||
| 1973 | USD | $6,726.36 | $632.34 | peak | 9.4% | 1.4% | 4.9% | 83,161,000 | 44.4 | $15 | $31 | 1.0% | -$14,908.00 | $35,100.00 | $514.00 | Nixon | 5 | rep | dem | dem | CETA; gold standard; Vietnam War ended | ||||||||||
| 1974 | USD | $7,225.69 | $499.33 | peak | 6.9% | 2.5% | 7.2% | 86,555,000 | 49.3 | $6 | $17 | 0.4% | -$6,135.00 | $38,725.00 | $512.00 | Ford | 1 | rep | dem | dem | Nixon resigned; minimum wage: $2 | ||||||||||
| 1975 | USD | $7,801.46 | $575.77 | peak | 7.4% | 0.5% | 8.2% | 85,627,000 | 53.8 | $53 | $58 | 3.2% | -$53,242.00 | $42,525.00 | $542.00 | Ford | 2 | rep | dem | dem | Recovery | ||||||||||
| 1976 | USD | $8,592.25 | $790.80 | peak | 9.2% | 1.8% | 7.8% | 87,400,000 | 56.9 | $74 | $87 | 3.9% | -$73,732.00 | $48,050.00 | $617.00 | Ford | 3 | rep | dem | dem | Expansion | ||||||||||
| 1977 | USD | $9,452.58 | $860.32 | peak | 9.1% | 0.1% | 6.4% | 89,928,000 | 60.6 | $54 | $78 | 2.6% | -$53,659.00 | $54,350.00 | $655.00 | Carter | 1 | dem | dem | dem | Carter took office | ||||||||||
| 1978 | USD | $10,564.95 | $1,112.37 | peak | 10.5% | 1.4% | 6.0% | 94,384,000 | 65.2 | $59 | $73 | 2.5% | -$59,185.00 | $62,700.00 | $688.00 | Carter | 2 | dem | dem | dem | Fed raised rate to 20% to stop inflation | ||||||||||
| 1979 | USD | $11,674.18 | $1,109.23 | peak | 9.5% | 1.0% | 6.0% | 97,948,000 | 72.6 | $41 | $55 | 1.6% | -$40,726.00 | $71,900.00 | $738.00 | Carter | 3 | dem | dem | dem | |||||||||||
| 1980 | USD | $12,574.79 | $900.61 | peak | 7.2% | 2.3% | 7.2% | 99,879,000 | 82.4 | $74 | $81 | 2.6% | -$73,830.00 | $76,375.00 | $804.00 | Carter | 4 | dem | dem | dem | Recession | ||||||||||
| 1981 | USD | $13,976.11 | $1,401.31 | peak | 10.0% | 2.9% | 8.5% | 99,955,000 | 90.9 | $79 | $90 | 2.5% | -$78,968.00 | $83,175.00 | $909.00 | Reagan | 1 | rep | rep | dem | Reagan took office; Reagan tax cuts; minimum wage: $3.35 | ||||||||||
| 1982 | USD | $14,433.79 | $457.68 | peak | 3.2% | 6.9% | 10.8% | 99,692,000 | 96.5 | $128 | $144 | 3.8% | -$127,977.00 | $83,850.00 | $1,031.00 | Reagan | 2 | rep | rep | dem | Job Training Partnership Act; Garn-St. Germain Act | ||||||||||
| 1983 | USD | $15,543.89 | $1,110.11 | peak | 7.1% | 4.0% | 8.3% | 99,161,000 | 99.6 | $208 | $235 | 5.7% | -$207,802.00 | $89,775.00 | $1,148.00 | Reagan | 3 | rep | rep | dem | Reagan increased military spending | ||||||||||
| 1984 | USD | $17,121.23 | $1,577.33 | peak | 9.2% | 2.1% | 7.3% | 103,201,000 | 103.9 | $185 | $195 | 4.6% | -$185,367.00 | $97,550.00 | $1,228.00 | $22,420.00 | Reagan | 4 | rep | rep | dem | ||||||||||
| 1985 | USD | $18,236.83 | $1,115.60 | peak | 6.1% | 3.1% | 7.0% | 106,302,000 | 107.6 | $212 | $251 | 4.9% | -$212,308.00 | $100,825.00 | $1,318.00 | $23,620.00 | Reagan | 5 | rep | rep | dem | Expansion | |||||||||
| 1986 | USD | $19,071.23 | $834.40 | peak | 4.4% | 1.7% | 6.6% | 108,887,000 | 109.7 | $221 | $302 | 4.8% | -$221,227.00 | $112,075.00 | $1,414.00 | $24,900.00 | Reagan | 6 | rep | rep | dem | Tax cuts | |||||||||
| 1987 | USD | $20,038.94 | $967.71 | peak | 4.8% | 0.5% | 5.7% | 110,953,000 | 113.6 | $150 | $225 | 3.1% | -$149,730.00 | $127,575.00 | $1,537.00 | $26,060.00 | Reagan | 7 | rep | dem | dem | Black Monday | |||||||||
| 1988 | USD | $21,417.01 | $1,378.07 | peak | 6.4% | 1.6% | 5.3% | 114,016,000 | 118.3 | $155 | $252 | 3.0% | -$155,178.00 | $138,650.00 | $1,646.00 | $27,230.00 | Reagan | 8 | rep | dem | dem | Fed raised rates | |||||||||
| 1989 | USD | $22,857.15 | $1,440.14 | peak | 6.3% | 0.1% | 5.4% | 116,708,000 | 12.8 | 12.8 | 123.9 | $153 | $255 | 2.7% | -$152,639.00 | $148,125.00 | $1,780.00 | $28,910.00 | Bush | 1 | rep | dem | dem | George H.W. Bush took office; reforms made to address S&L Crisis | |||||||
| 1990 | USD | $23,888.60 | $1,031.45 | peak | 4.3% | 2.0% | 6.3% | 119,081,000 | . | 130.7 | $221 | $376 | 3.7% | -$221,036.00 | $149,075.00 | $1,888.00 | $29,940.00 | Bush | 2 | rep | dem | dem | Recession | ||||||||
| 1991 | USD | $24,342.26 | $453.66 | peak | 1.9% | 2.5% | 7.3% | 117,940,000 | . | 136.2 | $269 | $432 | 4.4% | -$269,238.00 | $147,275.00 | $2,117.00 | $30,130.00 | Bush | 3 | rep | dem | dem | Desert Storm; minimum wage: $4.25 | ||||||||
| 1992 | USD | $25,418.99 | $1,076.73 | peak | 4.2% | 2.4% | 7.4% | 117,978,000 | . | 140.3 | $290 | $399 | 4.5% | -$290,321.00 | $144,675.00 | $2,349.00 | $30,640.00 | Bush | 4 | rep | dem | dem | NAFTA drafted | ||||||||
| 1993 | USD | $26,387.29 | $968.30 | peak | 3.7% | 0.6% | 6.5% | 119,075,000 | 15.1 | 13.1 | 144.5 | $255 | $347 | 3.7% | -$255,051.00 | $147,475.00 | $2,537.00 | $31,240.00 | Clinton | 1 | dem | dem | dem | Clinton took office; Omnibus Budget Reconciliation Act | |||||||
| 1994 | USD | $27,694.85 | $1,307.56 | peak | 4.7% | 1.1% | 5.5% | 121,966,000 | . | 148.2 | $203 | $281 | 2.8% | -$203,186.00 | $154,175.00 | $2,681.00 | $1.08 | $32,260.00 | Clinton | 2 | dem | dem | dem | School to Work Act | |||||||
| 1995 | USD | $28,690.88 | $996.02 | peak | 3.5% | 1.2% | 5.6% | 124,663,000 | 13.8 | 152.4 | $164 | $281 | 2.1% | -$163,952.00 | $157,750.00 | $2,848.00 | $1.16 | $34,080.00 | Clinton | 3 | dem | rep | rep | Expansion | |||||||
| 1996 | USD | $29,967.71 | $1,276.84 | peak | 4.3% | 0.8% | 5.4% | 125,125,000 | 13.7 | 156.9 | $107 | $251 | 1.3% | -$107,431.00 | $165,525.00 | $2,987.00 | $1.25 | $35,490.00 | Clinton | 4 | dem | rep | rep | Welfare reform | |||||||
| 1997 | USD | $31,459.14 | $1,491.43 | peak | 4.7% | 0.5% | 4.7% | 128,298,000 | 13.3 | 160.5 | $22 | $188 | 0.3% | -$21,884.00 | $174,875.00 | $3,110.00 | $1.24 | $37,010.00 | Clinton | 5 | dem | rep | rep | Minimum wage: $5.85 | |||||||
| 1998 | USD | $32,853.68 | $1,394.54 | peak | 4.2% | 0.5% | 4.4% | 130,726,000 | 12.7 | 163.0 | -$69 | $113 | -0.8% | $69,270.00 | $181,150.00 | $3,229.00 | $1.07 | $38,890.00 | Clinton | 6 | dem | rep | rep | LTCM crisis | |||||||
| 1999 | USD | $34,515.39 | $1,661.71 | peak | 4.8% | 0.6% | 4.0% | 133,027,000 | 11.9 | 166.6 | -$126 | $130 | -1.3% | $125,610.00 | $194,675.00 | $3,349.00 | $1.18 | $40,700.00 | Clinton | 7 | dem | rep | rep | Euro; Serbian airstrike | |||||||
| 2000 | USD | $36,329.96 | $1,814.57 | peak | 5.0% | 0.2% | 3.9% | 136,559,000 | 11.3 | 172.2 | -$236 | $18 | -2.3% | $236,241.00 | $205,375.00 | $3,501.00 | $1.52 | $41,990.00 | Clinton | 8 | dem | rep | rep | Nasdaq hit record high | |||||||
| 2001 | USD | $37,133.62 | $803.67 | peak | 2.2% | 2.8% | 5.7% | 137,778,000 | 11.7 | 12.7 | 177.0 | -$128 | $133 | -1.2% | $128,236.00 | $211,050.00 | $3,735.00 | $1.46 | $42,230.00 | W Bush | 1 | rep | rep | rep | George W. Bush took office; Bush tax cuts; 9/11 attacks | ||||||
| 2002 | USD | $37,997.76 | $864.14 | peak | 2.3% | 0.1% | 6.0% | 135,701,000 | 12.1 | 179.9 | $158 | $421 | 1.4% | -$157,758.00 | $226,700.00 | $4,046.00 | $1.39 | $42,410.00 | W Bush | 2 | rep | rep | rep | War on Terror | |||||||
| 2003 | USD | $39,490.27 | $1,492.52 | peak | 3.8% | 1.5% | 5.7% | 137,417,000 | 12.5 | 184.0 | $378 | $555 | 3.3% | -$377,585.00 | $244,550.00 | $4,587.00 | $1.60 | $43,320.00 | W Bush | 3 | rep | rep | rep | JGTRRA | |||||||
| 2004 | USD | $41,724.63 | $2,234.36 | peak | 5.4% | 1.6% | 5.4% | 138,472,000 | 12.7 | 188.9 | $413 | $596 | 3.4% | -$412,727.00 | $272,125.00 | $5,027.00 | $1.90 | $44,330.00 | W Bush | 4 | rep | rep | rep | Expansion | |||||||
| 2005 | USD | $44,123.41 | $2,398.78 | peak | 5.4% | 0.1% | 4.9% | 140,245,000 | 13.3 | 195.3 | $318 | $554 | 2.4% | -$318,346.00 | $291,275.00 | $5,351.00 | $2.31 | $46,330.00 | W Bush | 5 | rep | rep | rep | Bankruptcy Abuse Prevention Act; Hurricane Katrina | |||||||
| 2006 | USD | $46,302.00 | $2,178.59 | peak | 4.7% | 0.7% | 4.4% | 143,150,000 | 13.3 | 201.6 | $248 | $574 | 1.8% | -$248,181.00 | $303,900.00 | $5,666.00 | $2.62 | $48,200.00 | W Bush | 6 | rep | rep | rep | Expansion | |||||||
| 2007 | USD | $48,050.22 | $1,748.22 | peak | 3.6% | 1.1% | 5.0% | 146,028,000 | 13.0 | 207.3 | $161 | $501 | 1.1% | -$160,701.00 | $309,800.00 | $5,943.00 | $2.84 | $50,230.00 | W Bush | 7 | rep | equal | dem | ||||||||
| 2008 | USD | $48,570.05 | $519.82 | peak | 1.1% | 2.6% | 7.3% | 146,378,000 | 13.2 | 215.3 | $459 | $1,017 | 3.1% | -$458,553.00 | $289,075.00 | $6,312.00 | $3.30 | $50,300.00 | W Bush | 8 | rep | equal | dem | Minimum wage: $6.55; financial crisis | |||||||
| 2009 | USD | $47,194.94 | -$1,375.10 | valley | -2.9% | 4.0% | 9.9% | 142,152,000 | 14.3 | 15.2 | 214.6 | $1,413 | $1,885 | 9.8% | -$1,412,688.00 | $269,350.00 | $6,717.00 | $2.41 | $49,780.00 | Obama | 1 | dem | dem | dem | Obama took office; ARRA; minimum wage: $7.25; jobless benefits extended | ||||||
| 2010 | USD | $48,650.64 | $1,455.70 | peak | 3.0% | 5.9% | 9.3% | 138,438,000 | 15.3 | 218.1 | $1,294 | $1,652 | 8.6% | -$1,294,373.00 | $272,025.00 | $7,132.00 | $2.84 | $49,280.00 | Obama | 2 | dem | dem | dem | Obama tax cuts | |||||||
| 2011 | USD | $50,065.97 | $1,415.32 | peak | 2.8% | 0.2% | 8.5% | 139,250,000 | 15.9 | 224.9 | $1,300 | $1,229 | 8.3% | -$1,299,599.00 | $264,600.00 | $7,713.00 | $3.58 | $50,050.00 | Obama | 3 | dem | dem | rep | 26 months of job losses by July; debt ceiling crisis; Iraq War ended | |||||||
| 2012 | USD | $51,784.42 | $1,718.45 | peak | 3.3% | 0.5% | 7.9% | 141,584,000 | 15.9 | 229.6 | $1,077 | $1,276 | 6.6% | -$1,076,573.00 | $288,225.00 | $8,070.00 | $3.68 | $51,020.00 | Obama | 4 | dem | dem | rep | QE; 10-year rate at 200-year low; fiscal cliff | |||||||
| 2013 | USD | $53,291.13 | $1,506.71 | peak | 2.8% | 0.5% | 6.7% | 143,292,000 | 15.8 | 233.0 | $680 | $672 | 4.0% | -$679,775.00 | $321,650.00 | $8,312.00 | $3.58 | $53,590.00 | Obama | 5 | dem | dem | rep | Stocks up 30% | |||||||
| 2014 | USD | $55,123.85 | $1,832.72 | peak | 3.3% | 0.5% | 5.6% | 145,150,000 | 15.5 | 236.7 | $485 | $1,086 | 2.8% | -$484,793.00 | $2,548,866.44 | $345,450.00 | $8,543.00 | $3.44 | $53,660.00 | Obama | 6 | dem | dem | rep | Unemployment at 2007 levels | ||||||
| 2015 | USD | $56,762.73 | $1,638.88 | peak | 2.9% | 0.4% | 5.0% | 148,145,000 | 14.7 | 237.0 | $442 | $327 | 2.4% | -$441,960.00 | $4,431,931.35 | $350,450.00 | $8,778.00 | $2.52 | $56,520.00 | Obama | 7 | dem | rep | rep | Natural rate | ||||||
| 2016 | USD | $57,866.74 | $1,104.02 | peak | 1.9% | 1.0% | 4.7% | 150,653,000 | 14.0 | 240.0 | $585 | $1,423 | 3.1% | -$584,650.00 | $4,517,631.05 | $359,650.00 | $8,804.00 | $2.25 | $59,040.00 | Obama | 8 | dem | rep | rep | Presidential race | ||||||
| 2017 | USD | $59,907.75 | $2,041.01 | peak | 3.4% | 1.5% | 4.1% | 152,152,000 | 13.4 | 12.7 | 245.1 | $665 | $671 | 3.4% | -$665,450.00 | $5,459,301.14 | $381,150.00 | $9,036.00 | $2.53 | $61,140.00 | Trump | 1 | rep | rep | rep | Trump took office; dollar weakened | |||||
| 2018 | USD | $62,823.31 | $2,915.56 | peak | 4.6% | 1.2% | 3.9% | 154,425,000 | 13.1 | 251.1 | $779 | $1,271 | 3.8% | -$779,074.00 | $6,288,541.44 | $382,475.00 | $9,212.00 | $2.81 | $63,180.00 | Trump | 2 | rep | rep | rep | Trump tax cuts | ||||||
| 2019 | USD | $65,120.39 | $2,297.09 | peak | 3.5% | 1.1% | 3.6% | 156,487,000 | 12.3 | 255.7 | $984 | $1,203 | 4.6% | -$983,588.00 | $6,647,655.93 | $379,875.00 | $9,349.00 | $2.69 | $68,700.00 | Trump | 3 | rep | rep | dem | Goldilocks economy | ||||||
| 2020 | USD | $63,528.63 | -$1,591.76 | valley | -2.5% | 6.0% | 6.7% | 158,486,000 | 11.9 | 258.8 | $3,132 | $4,226 | 14.7% | -$3,132,456.00 | $6,803,340.42 | $387,900.00 | unavailable | $2.26 | $68,010.00 | Trump | 4 | rep | rep | dem | Pandemic and recession | ||||||
| 2021 | USD | $70,219.47 | $6,690.84 | peak | 9.5% | 12.0% | 3.9% | 149,817,000 | 12.8 | 12.7 | 271.0 | $2,772 | $1,484 | 11.8% | -$2,775,350.00 | $8,581,933.02 | $452,675.00 | unavailable | $3.10 | $70,780.00 | Biden | 1 | dem | rep | dem | Pandemic and recovery; Biden took office | |||||
| 2022 | USD | $76,329.58 | $6,110.11 | peak | 8.0% | 1.5% | 3.5% | 157,066,000 | 12.6 | 292.6 | $1,376 | $1,402 | 5.3% | -$1,375,920.00 | $8,257,233.64 | $516,425.00 | unavailable | $4.06 | $74,580.00 | Biden | 2 | dem | rep | dem | Continued recovery | ||||||
| 2023 | USD | 160,152,000 | 304.7 | $1,684 | $2,238 | 6.2% | -$1,693,725.00 | $8,530,384.23 | $507,125.00 | unavailable | $3.64 | Biden | 3 | dem | rep | dem | |||||||||||||||
| 2024 | USD | 161,152,000 | $4,055,237.18 | Biden | 4 | dem | rep | rep | half-year prediction #8.2m by EoY | ||||||||||||||||||||||
| * in billions; negative numbers = surplus | indicates no data available | ||||||||||||||||||||||||||||||
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