President Trump is unleashing economic growth and jobs. In Trump’s first three years, 2017 to 2019, real GDP expanded by an annual average of 2.6%, according to the Bureau of Economic Analysis. Table 1 shows striking wage growth under Trump, a reversal of prior patterns, not a continuation, especially in the lowest wage brackets. Stocks spiked — the S&P 500 increased 210% under President Bill Clinton — as investors celebrated the rise of the Internet and brisk economic growth. Average economic growth under President Trump has outpaced the growth under Barack Obama, but not all of his recent predecessors. Charts below show the trendlines. • Across a broad range of economic metrics, economic performance under Trump continued gains made during the final years under Obama. Link to U.S. Bureau of Labor Statistics data. ... and economic growth. By this measure, economic growth under Trump before the pandemic ranks toward the back of the pack, ninth out of the past 12 presidents, 0.04 percentage points behind Dwight Eisenhower and … Trump … Why it matters: GDP is the most comprehensive economic scorecard — and something presidents, especially Trump, use as an example of success.And it's especially relevant since Trump is running for re-election on his economic record. Gross Domestic Product (GDP) Growth measured by GDP has not set records under Trump. NEW: Economic Comeback Under President Trump Breaks 70-Year Record. 3 minute read. In the early years of the recovery, growth was lackluster, but it started to pick up in 2014 and 2015. October 29, 2020. In December 2017 , Trump had talked about GDP … These 10 charts show how the economy performed under Trump versus prior presidents President Donald Trump inherited a strong economy, and it … Since his election, the Trump administration’s pro-growth policies have generated 6 million new jobs, the unemployment rate has fallen to its lowest point in 50 years, and wages have grown at more than 3% for 10 months in a row. Growth. The best year of his presidency saw a three-percent rise in 2018, compared to 3.1 percent in 2015 under Obama. Any employment growth above this level is typically from workers coming off the sidelines. As recently as 2004 and 2005, under president George W. Bush, the economy grew 3.8 percent and 3.5 percent, respectively. 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