Uncommon
U.S. economic performance by presidential party
United States economy by president since World War II
U.S. economic performance by presidential party
US economic performance has consistently varied by the political party of the US President. According to many economic metrics (including job creation, GDP growth, stock market returns, personal income growth, and corporate profits), since World War II the United States economy has performed significantly better during the administration of Democratic presidents, compared with Republican presidents. Of these, the most statistically significant differences are in real GDP growth, unemployment rate change, stock market annual return, and job creation rate. The U.S. unemployment rate has risen on average under Republican presidents, while it has fallen on average under Democratic presidents. Budget deficits relative to the size of the economy were lower on average for Democratic presidents. Ten of the eleven U.S. recessions between 1953 and 2020 began under Republican presidents.
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