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Date US Real GDP Sep 30, 2014 16.16 trillion Dec 31, 2013 15.92 trillion Dec 31, 2012 15.43 trillion Dec 31, 2011 15.19 trillion Dec 31, 2010 14.94 trillion Dec 31, 2009 14.54 trillion Dec 31, 2008 14.58 trillion Dec 31, 2007 14.99 trillion Dec 31, 2006 14.72 trillion Dec 31, 2005 14.37 trillion Dec 31, 2004 13.95 trillion Growth Rate Nominal GDP (in billions) 200 3 2.8% $11,510 .7 $46,1 37 Unemployment at 6%. Fed lowered rate to 1%. Iraq War began. 200 4 3.8% $12,274 .9 $47,3 07 Fed started raising rates. 200 5 3.3% $13,093 .7 $48,3 12 Hurricane Katrina cost $250 billion in damage. 200 6 2.7% $13,855 .9 $49,1 30 Fed funds rate raised to 6.75%. Swine flu epidemic . 200 7 1.8% $14,477 .6 $49,5 71 Dow reached new high of 14,164.43. Inflation at 4.1%. Fed dropped rate 3 times, to 4.25%, to ease banking liquidity

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Page 1: US Real GDP

Date US Real GDPSep 30, 2014 16.16 trillion Dec 31, 2013 15.92 trillion Dec 31, 2012 15.43 trillion Dec 31, 2011 15.19 trillion Dec 31, 2010 14.94 trillion Dec 31, 2009 14.54 trillion Dec 31, 2008 14.58 trillion Dec 31, 2007 14.99 trillion Dec 31, 2006 14.72 trillion Dec 31, 2005 14.37 trillion Dec 31, 2004 13.95 trillion

Growth Rate Nominal GDP (in billions)

2003 2.8% $11,510.7 $46,137 Unemployment at 6%. Fed lowered rate to 1%. Iraq War began.

2004 3.8% $12,274.9 $47,307 Fed started raising rates.

2005 3.3% $13,093.7 $48,312 Hurricane Katrina cost $250 billion in damage.

2006 2.7% $13,855.9 $49,130 Fed funds rate raised to 6.75%. Swine flu epidemic.

2007 1.8% $14,477.6 $49,571Dow reached new high of 14,164.43. Inflation at 4.1%. Fed dropped rate 3 times, to 4.25%, to ease banking liquidity crisis. LIBOR rose to 5.6%.

2008 -0.3% $14,718.6 $48,951Stock market crash of 2008 led to global financial crisis and $350 billion spent on bank bailout bill. Fed lowered rate 7 times to 0%. See 2008 GDP by quarter.

2009 -2.8% $14,418.6 $47,041Obama became President. Dow dropped to 6,594.44. Obama Stimulus Act spent $400 billion, reversed downward spiral. See 2009 GDP by quarter.

2010 2.5% $14,964.4 $47,772BP oil spill. Bush tax cuts extended. Obamacare and Dodd-Frank passed. See 2010 GDP by quarter.

2011 1.6% $15,517.9 $48,282Japan earthquake and Mississippi River floods. 10-year Treasury yield hit 200-year low. Iraq War ended.

2012 2.3% $16,163.2 $49,800Presidential campaign and fiscal cliff created business uncertainty. Superstorm Sandy hit East Coast. See U.S. Economy 2012

2013 2.2% $16,768.1 NASlow growth thanks to sequestration. Low nominal GDP growth thanks to low inflation.

Date RateJan 1, 2015

5.70%

Page 2: US Real GDP

Jan 1, 2014 6.60% Jan 1, 2013 8.00% Jan 1, 2012 8.30% Jan 1, 2011 9.20% Jan 1, 2010 9.80% Jan 1, 2009 7.80% Jan 1, 2008 5.00% Jan 1, 2007 4.60% Jan 1, 2006 4.70% Jan 1, 2005 5.30% Jan 1, 2004 5.70% Jan 1, 2003 5.80%

Unemployment rate

Date US Inflation RateDec 1, 2014 0.76% Jan 1, 2014 1.58% Jan 1, 2013 1.59% Jan 1, 2012 2.93% Jan 1, 2011 1.63% Jan 1, 2010 2.63% Jan 1, 2009 0.03% Jan 1, 2008 4.28% Jan 1, 2007 2.08% Jan 1, 2006 3.99% Jan 1, 2005 2.97% Jan 1, 2004 1.93% Jan 1, 2003 2.60%

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