For those of you who love numbers and charts, I created a few charts to see how the economy has trended under recent administrations. Why did I do this? Because for eight years under Obama, I heard how these numbers were all misleading or wrong, and for some reason I’m not hearing that under the new administration.
If you want to create your own graphs, FRED has seemingly unlimited economic data to chart and it’s really easy. Here’s the link: https://fred.stlouisfed.org/
In the graphs below, the gray lines indicate a recession.
Dow Jones Industrial Average
Real Disposable Personal Income
Unemployment Rate: 20 years and olderĀ
Unemployment Rate: Black or African American
Number of Employees in Coal Mining
Gross Domestic Product
Housing Starts: New Privately Owned Units Started