Only if you squint.
The trend line inclines slightly from 1.3% seasonally adjusted annual rate in mid-2016 to 2.5% in mid-2026.
That's just part of a larger negative trend, however, since the Reagan Revolution in the 1980s. With the exception of the pandemic circus in 2020, quarterly real GDP hasn't been close to 10% since the mid-1980s.
We have fallen from a great height.
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| Trump era since 2016 |
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| Reagan era since 1983 |
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| Pre-Reagan era |
