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The Gross Domestic Product (GDP) in the United States expanded 3.80 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - United States GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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TwitterIn 2024 the real gross domestic product (GDP) of the United States increased by 2.8 percent compared to 2023.
What does GDP growth mean?
Essentially, the annual GDP of the U.S. is the monetary value of all goods and services produced within the country over a given year. On the surface, an increase in GDP therefore means that more goods and services have been produced between one period than another. In the case of annualized GDP, it is compared to the previous year. In 2023, for example, the U.S. GDP grew 2.5 percent compared to 2022.
Countries with highest GDP growth rate
Although the United States has by far the largest GDP of any country, it does not have the highest GDP growth, nor the highest GDP at purchasing power parity. In 2021, Libya had the highest growth in GDP, growing more than 177 percent compared to 2020. Furthermore, Luxembourg had the highest GDP per capita at purchasing power parity, a better measure of living standards than nominal or real GDP.
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TwitterAs of 2022, former President Bill Clinton was the president who created the most jobs in the United States, at **** million jobs created during his eight year term in office. Former President Ronald Reagan created the second most jobs during his term, at **** million.
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TwitterAdding to national debt is an inevitable fact of being President of the United States. The extent to which debt rises under any sitting president depends not only on the policy and spending choices they have made, but also the choices made by presidents and congresses that have come before them. Ronald Reagan and George W. Bush President Ronald Reagan increased the U.S. debt by around **** trillion U.S. dollars, or ****** percent. This is often attributed to "Reaganomics," in which Reagan implemented significant supply-side economic policies in which he reduced government regulation, cut taxes, and tightened the money supply. Spending increased under President George W. Bush in light of the wars in Iraq and Afghanistan. To finance the wars, President Bush chose to borrow the money, rather than use war bonds or increase taxes, unlike previous war-time presidents. Additionally, Bush introduced a number of tax cuts, and oversaw the beginning of the 2008 financial crisis. Barack Obama President Obama inherited both wars in Iraq and Afghanistan, and the financial crisis. The Obama administration also did not increase taxes to pay for the wars, and additionally passed expensive legislation to kickstart the economy following the economic crash, as well as the Affordable Care Act in 2010. The ACA expanded healthcare coverage to cover more than ** million more Americans through programs like Medicare and Medicaid. Though controversial at the time, more than half of Americans have a favorable view of the ACA in 2023. Additionally, he signed legislation making the W. Bush-era tax cuts permanent.
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Money Supply M2 in the United States increased to 22298.10 USD Billion in October from 22212.50 USD Billion in September of 2025. This dataset provides - United States Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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TwitterOver the course of their first terms in office, no U.S. president in the past 100 years saw as much of a decline in stock prices as Herbert Hoover, and none saw as much of an increase as Franklin D. Roosevelt (FDR) - these were the two presidents in office during the Great Depression. While Hoover is not generally considered to have caused the Wall Street Crash in 1929, less than a year into his term in office, he is viewed as having contributed to its fall, and exacerbating the economic collapse that followed. In contrast, Roosevelt is viewed as overseeing the economic recovery and restoring faith in the stock market played an important role in this.
By the end of Hoover's time in office, stock prices were 82 percent lower than when he entered the White House, whereas prices had risen by 237 percent by the end of Roosevelt's first term. While this is the largest price gain of any president within just one term, it is important to note that stock prices were valued at 317 on the Dow Jones index when Hoover took office, but just 51 when FDR took office four years later - stock prices had peaked in August 1929 at 380 on the Dow Jones index, but the highest they ever reached under FDR was 187, and it was not until late 1954 that they reached pre-Crash levels once more.
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Graph and download economic data for Federal Net Outlays as Percent of Gross Domestic Product (FYONGDA188S) from 1929 to 2024 about outlays, Net, federal, GDP, and USA.
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Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.
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TwitterAs of the first quarter of 2025, the GDP of the U.S. fell by 0.5 percent from the fourth quarter of 2024. GDP, or gross domestic product, is effectively a count of the total goods and services produced in a country over a certain period of time. It is calculated by first adding together a country’s total consumer spending, government spending, investments and exports; and then deducting the country’s imports. The values in this statistic are the change in ‘constant price’ or ‘real’ GDP, which means this basic calculation is also adjusted to factor in the regular price changes measured by the U.S. inflation rate. Because of this adjustment, U.S. real annual GDP will differ from the U.S. 'nominal' annual GDP for all years except the baseline from which inflation is calculated. What is annualized GDP? The important thing to note about the growth rates in this statistic is that the values are annualized, meaning the U.S. economy has not actually contracted or grown by the percentage shown. For example, the fall of 29.9 percent in the second quarter of 2020 did not mean GDP is suddenly one third less than a year before. In fact, it means that if the decline seen during that quarter continued at the same rate for a full year, then GDP would decline by this amount. Annualized values can therefore exaggerate the effect of short-term economic shocks, as they only look at economic output during a limited period. This effect can be seen by comparing annualized quarterly growth rates with the annual GDP growth rates for each calendar year.
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The United States recorded a trade deficit of 59.55 USD Billion in August of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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TwitterAs of January 2025, about 41 percent of Americans approved of the way Joe Biden was handling his job as president. This is a slight increase from the previous month, when the President's approval rating sat at 40.3. Congressional Approval In March 2021, congressional approval reached a 12-year-high, with a 36 percent approval rating. However, congressional approval decreased in the following months. Approval ratings for Congress tend to be quite low, as many Americans have low trust in politicians and institutions in the country. The high approval rating in March 2021 came after Congress passed a COVID-19 relief bill to provide financial assistance to Americans during the pandemic. Handling of the pandemic Biden’s higher approval rating early in his presidency can, in-part, be attributed to how he tackled COVID-19. Taking a more hands-on approach in comparison to his predecessor, Biden supported mandated mask-wearing and expedited vaccines nationwide. About 40 percent of Americans either somewhat or strongly approved of the way the President was handling the virus, while about 45 percent either somewhat disapproved or strongly disapproved of his actions. As the two major parties disagreed on how to tackle the pandemic, existing divisions were further entrenched. A majority of the strong support came from Democrats, while most of the disapproval came from Republicans. Despite the low rating, the president's party performed relatively well at the 2022 midterm elections. While the economic situation in the United States was a large part of pre-election discourse, voters were more motivated by abortion rights and democracy.
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Graph and download economic data for Federal Surplus or Deficit - from 1901 to 2025 about budget, federal, and USA.
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The Gross Domestic Product (GDP) in Philippines expanded 4 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - Philippines GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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This survey, in addition to assessing the Clinton presidency, focused on opinions related to Japan. Respondents were asked about Bill Clinton's handling of the presidency, foreign policy, and the economy. They were also asked about Clinton's economic plan and about his political orientation, leadership qualities, ability to deal with an international crisis, and concern for the needs and problems of people. Additional questions concerned the fairness of a gasoline tax to reduce the federal budget deficit, and whether the government works better when the president and the majority of Congress both belong to the same political party. Concerning Japan, respondents were asked to identify the country that would become the United States' most important economic and diplomatic partner in the next century, to describe present and future relations between Japan and the United States, to indicate their feelings toward Japan, to consider whether Japan would be the number one economic power in the world in the next century, and to describe the current condition of the Japanese economy. Respondents were asked whether Japanese companies were competing unfairly with American companies, whether the United States, Japan, or Germany made products and cars of higher quality, whether Japan was more advanced in high technology, and whether Japan would achieve a higher level of technology in manufacturing than the United States in the next century. Further questions concerning Japan dealt with trade, protectionism, the dispute with Russia over four islands captured by Russia during World War II, participation in international peace-keeping operations, and the provision of military and financial assistance in response to requests by allies. Additional topics included the North American Free Trade Agreement (NAFTA), Bosnia, Somalia, and immigration. The call-back portion of the survey focused on opinion regarding the American attack on the headquarters of the Iraqi Intelligence Agency in Baghdad in response to evidence of an Iraqi plot to assassinate then-President George Bush. Background information on respondents includes voter registration status, household composition, 1992 presidential vote, amount of attention paid to news about Japan and Russia, nationality of company that made respondent's car, political party, political orientation, marital status, religious preference, education, age, race, Hispanic origin, family income, and sex.
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TwitterAn executive order is one of the most commonly used form of administrative action taken by the President of the United States. It is where an order or directive regarding the management of the U.S. government is signed into law by the president. Executive orders are generally used by presidents to influence U.S. laws and the administration of the country, without the need for a vote in Congress or the Supreme Court; although these orders are subject to judicial review, and can be challenged by the courts or another branch of government. If deemed unlawful or unconstitutional, the order will be revoked or cancelled, and a president may also revoke, cancel or amend any executive order that they, or any other presidents, have made. The U.S.' first 25 presidents signed a combined total of 1,262 executive orders in roughly 112 years, averaging at around 12 per year, however there was a large increase in the number of orders issued in the first half of the twentieth century. Theodore Roosevelt, the 26th U.S. president, was the first to issue more than one thousand executive orders alone; while Woodrow Wilson, who was in office during the First World War, signed more than 1,800. Franklin D. Roosevelt The president who signed the most executive orders was Franklin D. Roosevelt (FDR), who, during his twelve years in office, signed more than a quarter of all executive orders ever published. While FDR did serve over four years more than any other president, he still issued the highest number of average annual executive orders, with over three hundred per year. FDR was in office throughout most of the Second World War, although the majority of these orders came in his earlier years in office (more than a thousand orders were signed in 1933 and 1934), as he used his New Deal policies to lead the U.S. through its economic recovery from the Great Depression. Roosevelt's most controversial order, however, did relate to the Second World War; this was Order 9066, which saw approximately 120,000 people of Japanese descent, and almost 15,000 ethnic Germans and Italians, interned in concentration camps for almost three years.
Notable orders Arguably, the most famous and well known executive order was Abraham Lincoln's Emancipation Proclamation** in 1862, which changed the legal status of all enslaved people in the Confederate states during the Civil War, and declared them free in the eyes of the Union. A number of other orders also marked notable milestones in African-American civil rights; including the desegregation of the U.S. military by President Truman in 1948, and the desegregation of public schools by President Eisenhower in 1957. While the number of orders issued by presidents has decreased since the Eisenhower administration, recent presidents have generally issued between 100 and 200 orders during each term. Examples of more controversial orders from recent years include George W. Bush's Order 13233, which tightened restrictions on the accessibility of former U.S. presidents' records, and Donald Trump's Order 13769, which placed travel bans on citizens from a number of Muslim-majority countries; Bush's Order was eventually revoked by Barack Obama the day after his inauguration, while Trump's travel ban was one of several executive orders repealed by Joe Biden on his first day in office.
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TwitterAs the central bank of the United States, the Federal Reserve supports the effective operation of the US economy, acting in the public interest to promote the stability of the financial system.
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TwitterThe Covid-19 pandemic saw growth fall by 2.2 percent, compared with an increase of 2.5 percent the year before. The last time the real GDP growth rates fell by a similar level was during the Great Recession in 2009, and the only other time since the Second World War where real GDP fell by more than one percent was in the early 1980s recession. The given records began following the Wall Street Crash in 1929, and GDP growth fluctuated greatly between the Great Depression and the 1950s, before growth became more consistent.
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TwitterThis study is part of a survey series that charts various issues characterising social differentiation in contemporary Russian society. The surveys in the series have been conducted in 1990, 1998, 2006 and 2015, facilitating research on temporal change. Social differentiation in this study was mainly considered in terms of occupation, social mobility, property and income, but attitudes, politics and religion were also examined. The study aimed to survey the respondents' conditions in life together with their values in order to examine the interaction between the two. Many questions in the survey concerned the respondents' working life. Questions focused on, for example, which sector the respondents worked in, what kind of company they worked for, what kind of responsibilities and obligations the respondents had in their work, whether the respondents were in a decision-making position at work, and what kind of equipment they used regularly in their work. Additionally, the respondents were asked whether they had been unemployed, laid off or part-time employed in the past 12 months and if yes, how they had managed economically at the time (e.g. whether they received benefits from the employer or state or support from family or friends). The survey also included questions on the respondents' family, media use, owned property, political and social activity, and language competence. The most important sources of income for the respondents' family as well as the benefits they received from the state or from employers were examined. The newspapers and magazines the respondents read most frequently were charted, and the respondents were asked whether they owned various property and items, such as their own house or car, a washing machine, pager/mobile phone, and computer. The respondents' political activity was charted with questions on, for example, whether they had signed a petition or taken part in a strike in 2005 or 2006. Questions on social participation focused on whether the respondents took part in the activities of or formally belonged to, for example, religious, ecological or youth organisations. Finally, the respondents were asked about their sources of information for various matters, such as the Russian economy, regional political life, events in the world, and cultural events. Opinions on censorship were examined (e.g. whether they thought that criticism of the President or information on sexual minorities should be banned, limited or allowed free circulation in the media). The respondents' trust in various institutions (e.g. the President, Government, Russian army, and Russian orthodox church) and opinions on the significance of different conditions in providing advancement in society were surveyed. The respondents were asked to evaluate the importance of, for example, coming from a rich family, good education, hard work, contacts abroad, and luck both as it was eight years ago (1998) and at the time of the survey. Some questions also focused on the respondents' views on their own identity and the characteristics of a good citizen. Background variables included, among others, the respondent's employment history, status in employment, working hours, education, marital status, number of children, household size, income, owned household durable goods, religious affiliation, nationality, gender, age, and type of municipality of residence.
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TwitterIran’s gross domestic product (GDP) inclined by 3.33 percent in 2020 after adjusting for inflation. This figure fell from 13.4 percent growth four years ago, which had been a reaction to sanctions lifting after the Joint Comprehensive Plan of Action (JPCOA) regarding Iran’s nuclear program. United States president Donald Trump ended that country’s participation in the deal, imposing new sanctions.
Political influence on the economy
Political tensions have hampered the economy of Iran, keeping growth low in spite of the country’s considerable oil reserves. The effect of these sanctions becomes obvious when looking at Iran’s oil exports to Europe over the past decade. Some analysts have blamed the new sanctions for the increase in Iran’s inflation rate, as well as the currency depreciation that has accompanied it.
Iran’s options
Although Iran’s main export partners are largely in Asia, many of the transactions are carried out using U.S. dollars. Even though other means of payment are possible, some countries worry about political ramifications of continuing trade relations with Iran. Iran’s greatest strength at the moment may be its low national debt, meaning that it can borrow a substantial amount of money if it can find a willing lender. However, given the instability of the political situation worldwide and regionally, it is difficult to assume that such a borrower exists at the moment.
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