2022 COVID related, trumps Failed response.
2025 Tariff Related, totally caused by trump.
Yup, here is the data.
What was the GDP in the 4 quarters of 2022?
ChatGPT said:
In 2022, the U.S. economy experienced varied growth across the four quarters, as measured by real Gross Domestic Product (GDP) on a seasonally adjusted annualized rate (SAAR). Here are the quarterly growth rates:
FRED+1Federal Reserve Bank of Atlanta+1
These figures indicate that the economy contracted in the first half of the year but rebounded in the latter half. For the entire year, real GDP grew by 2.1%, down from a 5.9% increase in 2021.
Bureau of Economic Analysis+2Bureau of Economic Analysis+2Investopedia+2
The early contractions in Q1 and Q2 2022 led to discussions about a potential recession. However, subsequent revisions to the GDP data revealed that the economy actually grew at a 0.3% annual rate in Q2 2022, suggesting that the initial concerns were based on preliminary data that was later updated.
Axios
Overall, the U.S. economy demonstrated resilience in 2022, overcoming early setbacks to achieve modest growth by year-end.