Here is the growth of the U.S. economy, as measured by the change in the gross domestic product, in the July-September quarter of presidential election years dating to 1980. GDP is the nation's total output of goods and services. |
A minus number means the economy contracted during that quarter. |
Years Third quarter GDP growth rate Outcome of presidential race |
1980 -0.7 percent Reagan defeats incumbent Carter |
1984 3.9 percent Incumbent Reagan defeats Mondale |
1988 2.1 percent George H.W. Bush defeats Dukakis |
1992 4.2 percent Clinton defeats incumbent Bush |
1996 3.5 percent Incumbent Clinton defeats Dole |
2000 0.3 percent George W. Bush defeats Gore |
2004 3.0 percent Incumbent Bush defeats Kerry |
2008 -3.7 percent Obama defeats McCain |
2012 2.0 percent Obama and RomneyOutcome ??? |