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Writing in The Washington Post, Phillip Bump explained that for Trump's first term as of September 2019, performance on several key variables was comparable or below Obama's second term (January 2013 – September 2016), as follows: 1) Real GDP was up 7.5% cumulatively under Obama, versus 7.2% under Trump; 2) The total number of jobs was up 5.3 ...
Barack Obama, a Democrat from Illinois, was elected president of the United States on November 4, 2008 and was inaugurated as the nation's 44th president on January 20, 2009. Re-elected on November 6, 2012 , his second inauguration was on January 20, 2013, and his presidency ended on January 20, 2017, with the inauguration of Donald Trump .
The stock market (measured by the S&P500) increased cumulatively by 77% in Obama's first term and 59% in Obama's second term, versus 68% in Trump's term. [158] According to Marketwatch, S&P 500 annual average growth was 13.84% under Obama and 13.73% under Trump.
Conversely, the average price per gallon during Biden’s presidency so far is $3.61 — 40% more than even Trump’s higher average. Gas peaked at over $5 for the first time ever in June 2022.
The following is a timeline of the presidency of Barack Obama from his inauguration as the 44th president of the United States on January 20, 2009, to December 31, 2009. For his time as president-elect, see the presidential transition of Barack Obama; for a detailed account of his first months in office, see first 100 days of the Barack Obama presidency; for a complete itinerary of his travels ...
Consumer prices rose in line with expectations in October, signaling further moderation of inflation.But economists expect that trend could reverse quickly if Donald Trump follows through with his ...
Some companies are weaving Trump's tariffs into their marketing efforts, telling consumers to buy now in case prices rise. ... a trade expert at the Cato Institute, a public policy research group. ...
Many stocks were trading at low P/E levels despite first quarter strong earnings. On the same day, David Serchuk of Forbes magazine says he feels that the market will turn around when housing prices stabilize and oil prices rise again. [32] The DJIA hit a low on March 6, 2009 of 6,469.95.