MontyPython
It's Just a Flesh Wound!
- Joined
- Jun 28, 2019
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Heh. Mkay Junior.
The economy is not ‘booming’ as you suggest… right now it’s far from it at 2.4% for the last quarter which is run of the mill. In fact, it contracted 0.5% in Q4.
You also need a basic understanding of economics 101. When the economy is in fact, booming, interest rates don’t go down, they go up. Why? To prevent inflation. It particularly hurts our senior citizens and those on fixed incomes.
Lowering interest rates is far from some panacea holy grail. But, hey, maybe you know more than the chairman of the federal reserve Powell, right?
The following data provides the United States' real GDP growth rates (seasonally adjusted annual rate, in percent) by quarter for the past 10 years, from Q1 2015 to Q1 2025, based on available information from reliable sources. Real GDP growth is the inflation-adjusted measure of economic output, expressed as the annualized percentage change from the previous quarter. Where exact data for recent quarters is unavailable, I’ve noted estimates or gaps based on the provided references. For a comprehensive view, I’ve compiled the data primarily from the Bureau of Economic Analysis (BEA), Federal Reserve Economic Data (FRED), and other sources like Statista and Trading Economics, cross-referencing for accuracy.
### United States Real GDP Growth by Quarter (Q1 2015 – Q1 2025)
- **2015**
- Q1: 3.3%
- Q2: 3.3%
- Q3: 1.0%
- Q4: 0.4%
- **2016**
- Q1: 1.5%
- Q2: 2.3%
- Q3: 1.9%
- Q4: 1.8%
- **2017**
- Q1: 1.8%
- Q2: 3.0%
- Q3: 2.8%
- Q4: 2.3%
- **2018**
- Q1: 2.2%
- Q2: 4.1%
- Q3: 3.4%[](https://en.wikipedia.org/wiki/Economy_of_the_United_States)
- Q4: 2.2%[](https://en.wikipedia.org/wiki/Economy_of_the_United_States)
- **2019**
- Q1: 3.1% (BEA data, sourced from historical FRED releases)[](https://fred.stlouisfed.org/series/GDPC1)
- Q2: 2.0% (BEA data, sourced from historical FRED releases)[](https://fred.stlouisfed.org/series/GDPC1)
- Q3: 2.1% (BEA data, sourced from historical FRED releases)[](https://fred.stlouisfed.org/series/GDPC1)
- Q4: 2.3% (BEA data, sourced from historical FRED releases)[](https://fred.stlouisfed.org/series/GDPC1)
- **2020**
- Q1: -5.0%[](https://en.wikipedia.org/wiki/Economy_of_the_United_States)
- Q2: -32.9%[](https://en.wikipedia.org/wiki/Economy_of_the_United_States)
- Q3: 33.4% (BEA data, reflecting post-COVID rebound)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q4: 4.3% (BEA data, sourced from historical FRED releases)[](https://fred.stlouisfed.org/series/GDPC1)
- **2021**
- Q1: 6.4% (BEA data, strong recovery post-COVID)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q2: 6.7% (BEA data, sourced from historical FRED releases)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q3: 2.3% (BEA data, sourced from historical FRED releases)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q4: 6.9% (BEA data, sourced from historical FRED releases)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- **2022**
- Q1: -1.6% (BEA data, reflecting economic slowdown)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q2: -0.6% (BEA data, technical recession)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q3: 3.2% (BEA data, sourced from historical FRED releases)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q4: 2.6% (BEA data, sourced from historical FRED releases)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- **2023**
- Q1: 2.1% (BEA data, sourced from Statista)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q2: 2.1% (BEA data, sourced from Statista)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q3: 4.9% (BEA data, sourced from Statista)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q4: 3.4% (BEA data, sourced from Statista)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- **2024**
- Q1: 1.4% (BEA data, sourced from Statista)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q2: 3.0% (BEA data, sourced from Statista)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q3: 1.1% (BEA data, sourced from Statista)[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- Q4: 2.4% (BEA data, reported as prior quarter to Q1 2025)[](https://www.bea.gov/data/gdp/gross-domestic-product)
- **2025**
- Q1: -0.5% (BEA third estimate, reflecting a contraction)[](https://www.bea.gov/data/gdp/gross-domestic-product)[](https://www.bea.gov/news/glance)
- Q2: 2.4% (Atlanta Fed GDPNow estimate, as of July 25, 2025)[](https://www.atlantafed.org/cqer/research/gdpnow)
### Notes:
- **Data Sources**: The figures are primarily drawn from the Bureau of Economic Analysis (BEA) via FRED and Statista, with additional context from Trading Economics and X posts for earlier years. The Q2 2025 figure is an estimate from the Atlanta Fed’s GDPNow model, as official BEA data is not yet available.
- **Real GDP**: These are inflation-adjusted (chained dollars) growth rates, expressed as annualized percentages, which reflect the quarter-to-quarter change if sustained for a full year. This can amplify short-term fluctuations (e.g., Q2 2020’s -32.9% does not mean GDP fell by a third in one quarter but reflects the annualized rate of decline).[](https://www.statista.com/statistics/188185/percent-change-from-preceding-period-in-real-gdp-in-the-us/)
- **Gaps and Estimates**: For recent quarters (e.g., Q2 2025), only model-based estimates like GDPNow are available. Historical data is subject to revisions by the BEA, and earlier quarters (2015–2018) rely on X posts and web sources due to limited direct access to recent BEA revisions.[](https://fred.stlouisfed.org/series/GDPC1)
- **Context**: Significant fluctuations, such as the -32.9% in Q2 2020, reflect the COVID-19 pandemic’s impact, followed by a sharp rebound in Q3 2020 (+33.4%). Recent contraction in Q1 2025 (-0.5%) was driven by increased imports and reduced government spending, offset partially by investment and consumer spending.[](https://www.bea.gov/data/gdp/gross-domestic-product)[](https://www.bea.gov/news/glance)
If you’d like a chart to visualize this data, I can generate one using the quarterly growth rates (please confirm). Alternatively, I can provide nominal GDP values or break down the data by specific years or sectors if needed. For the most detailed historical data, you can access BEA’s Interactive Data Tables (1.1.6 for real GDP) at www.bea.gov.[](https://www.bea.gov/data/gdp/gross-domestic-product)
world is running out of chocolate.