Maintain an Average 3.5% GDP Growth

Current Status: Faltering

As of

"Boost growth to 3.5 percent per year on average, with the potential to reach a 4 percent growth rate."

- Position Statement

" And we're bringing GDP from, really, 1 percent, which is what it is now, and if she got in, it will be less than zero. But we're bringing it from 1 percent up to 4 percent. And I actually think we can go higher than 4 percent. I think you can go to 5 percent or 6 percent."

- Donald Trump, Third Presidential Debate, Oct 2016

The last time the GDP reached a 3.5% annual average was in 2005 and has not gone above 4% since the mid-eighties. As of the first anniversary of Trump's inauguration, the United States GDP has yet to hit anywhere near 3.5% annualized growth.  The effects of some signature policies, including the GOP tax plan and various regulatory and policy changes has yet to be fully realized. Even so, these changes may not boost the economy as much as has been promised.


source: tradingeconomics.com

 

(2019 update)

With two years of data available during the Trump administration, annual average percent GDP growth has only just reached the last highest annual point since before Trump took office and has yet to reach 3%.

FRED Economic Data

source: Federal Reserve Bank of St. Louis

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References
See also: Economy