Trump's Budget
POSTED BY: JEWELSTAITEFAN
UPDATED: Monday, July 13, 2026 16:10
VIEWED: 32160
PAGE 8 of 32
I found the CBO report from April 2018, which was delayed from January due to the legislation passed in November 2017, February, March 2018. It only includes non-legislative factors up to mid-February. It is https://www.cbo.gov/publication/53651
For comparison, I'll post on the same Table as Trump's projections.
The President's Federal Budget, FY2019, and then the CBO estimates:
Year Revenue Outlays Deficit Nat GDP || CBORev CBOOut CBODf CBO GDP
2028 $5,818B $6,181B $363B $32,602 || $5,520B $7,046B 1526B $29,803B
2027 $5,506B $5,955B $450B $31,089 || $5,299B $6,615B 1316B $28,677B
2026 $5,231B $5,748B $517B $29,647 || $5,002B $6,322B 1320B $27,608B
2025 $4,946B $5,526B $579B $28,253 || $4,663B $6,015B 1352B $26,595B
2024 $4,675B $5,348B $672B $26,900 || $4,444B $5,688B 1244B $25,583B
2023 $4,386B $5,160B $774B $25,605 || $4,228B $5,500B 1273B $24,621B
2022 $4,089B $4,941B $852B $24,369 || $4,012B $5,288B 1276B $23,716B
2021 $3,838B $4,754B $916B $23,194 || $3,827B $4,949B 1123B $22,872B
2020 $3,609B $4,596B $987B $22,067 || $3,678B $4,685B 1008B $22,034B
2019 $3,422B $4,407B $984B $21,003 || $3,490B $4,470B $981B $21,136B
2018 $3,340B $4,214B $873B $20,029 || $3,338B $4,142B $804B $20,103B
2017 $3,316B $3,982B $665B $19,177 || $3,316B $3,982B $665B $19,178B
In the left section, Trump's Budget, compared to Obama projections:
The Revenue projections are reduced from the exaggerated amounts Obama assumed. Deficits upcoming are increased due to more realistic projections. For 2017 the figures were updated from Obama's base projections and last year corrections. Trump's GDP is revised up, and Expenditures are revised down.
Which holds true to historical practice. Democrats always exaggerate or overestimate Revenues and downplay or underestimate Expenditures, and Conservative Republicans always underestimate Revenue projections and overestimate Expenditure projections (but Democrats then find some pork to fill in the difference).
In the section to the right, the CBO projections:
The Liberal biased practices of the CBO bloat the Expenditures, and undervalue the Revenues and long-term GDP, thus exaggerate the Deficits. The GDP in the short term is more because even the Liberal bias was unable to deny the reality of Trump's Fiscal Policies and subsequent GDP growth.
Because the numbers from BEA are not used in the President's Federal Budget during this century, the relevant figures had to be interpolated. For this reason the 20,029 would be replaced by 20,085. An increase of $56 Billion for 2018.
I will attempt to revise the data with this new data bump, using a linear increase to GDP. Then a corresponding change to Revenue. And a corresponding change to the reduction in Debt Service.
Year Revenue Outlays Deficit Nat GDP Rev GDP Revenue Outlays Deficit
2028 $5,818B $6,181B $363B $32,602 $32,735 $5,918B $6,168B $250B
2027 $5,506B $5,955B $450B $31,089 $31,222 $5,606B $5,943B $338B
2026 $5,231B $5,748B $517B $29,647 $29,780 $5,331B $5,737B $406B
2025 $4,946B $5,526B $579B $28,253 $28,386 $5,046B $5,517B $470B
2024 $4,675B $5,348B $672B $26,900 $27,033 $4,775B $5,340B $564B
2023 $4,386B $5,160B $774B $25,605 $25,738 $4,486B $5,153B $667B
2022 $4,089B $4,941B $852B $24,369 $24,502 $4,189B $4,936B $747B
2021 $3,838B $4,754B $916B $23,194 $23,327 $3,938B $4,750B $812B
2020 $3,609B $4,596B $987B $22,067 $22,200 $3,709B $4,593B $884B
2019 $3,422B $4,407B $984B $21,003 $21,136 $3,522B $4,406B $883B
2018 $3,340B $4,214B $873B $20,029 $20,103 $3,440B $4,214B $773B
2017 $3,316B $3,982B $665B $19,177 $19,178 $3,316B $3,982B $665B
This GDP bump results in a projected reduction of $1.163 Trillion in the Federal Debt during the 11 years from 2018-2028.
And I will also show a revised table using a continued increase in GDP, not to exceed the peak growth rate of 2006-2018.
Year Revenue Outlays Deficit Nat GDP Rev GDP Revenue Outlays Deficit
2028 $5
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Somehow, I didn't post this in sequence, this is adding on the CBO Update data from 27 June 2017. This is https://www.cbo.gov/publication/52801
The first section is from the President's Federal Budget, FY2018. The second section is from the CBO Update, June 2017. The third section is from the CBO scoring of the President's FY2018 Budget, July 2017:
Year Rvnu Outl Defct NGDP || CBRv CBOt CBD CBGDP || CBR CBOt CBOD
2027 5724 5708 --26 31053 || 5158 6621 1463 27999 || 5052 5772 720
2026 5417 5527 110 29557 || 4948 6300 1352 26927 || 4842 5561 719
2025 5130 5306 176 28134 || 4742 5967 1225 25896 || 4636 5332 696
2024 4864 5073 208 26779 || 4545 5628 1083 24905 || 4439 5075 636
2023 4615 4933 319 25489 || 4361 5419 1057 23951 || 4259 4939 681
2022 4390 4832 442 24261 || 4178 5205 1027 23037 || 4085 4830 745
2021 4161 4617 456 23093 || 4011 4891 $879 22165 || 3921 4613 692
2020 3982 4470 488 21981 || 3853 4628 $775 21380 || 3780 4444 664
2019 3814 4340 526 20947 || 3687 4375 $689 20671 || 3632 4321 689
2018 3654 4093 440 20014 || 3531 4094 $563 19924 || 3479 4072 593
2017 3460 4062 603 19162 || 3315 4008 $693 19120 || 3315 4008 693
2016 3268 3853 585 18407 || 3268 3853 $585 18407 || 3268 3853 585
The Revenue projections are reduced from the exaggerated amounts Obama assumed. Deficits upcoming are increased due to more realistic projections. The GDP for 2016 are revised down to the reality of Obamanomics.
Which holds true to historical practice. Democrats always exaggerate or overestimate Revenues and downplay or underestimate Expenditures, and Conservative Republicans always underestimate Revenue projections and overestimate Expenditure projections (but Democrats then find some pork to fill in the difference).
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Wow. Yesterday, late last night, this linky did not include the 2018 Q1 data, or column. Now it does. But it says last updated 27 April.
https://bea.gov/iTable/iTable.cfm?reqid=19&step=2#reqid=19&ste
p=3&isuri=1&1921=survey&1903=5
Guess I need to specify Table 1.1.5.
2018 Q1 is now listed as GDP 19,965.3
Next release date 30 May.
This GDP data is from BEA News Release Archives. Current-Dollar GDP.
https://bea.gov/newsreleases/release_archive.htm
I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.
FY2015Q1, Cal YRQ4 17,710.7 17,701.3 17,703.7 17,703.7 --07.0
FY2015Q2, Cal YRQ1 17,710.0 17,665.0 17,693.3 17,649.3 --60.7 loss 54.4
FY2015Q3, Cal YRQ2 17,840.5 17,902.0 17,913.7 17,913.7 +73.2 gain 264.4
FY2015Q4, Cal YRQ3 18,034.8 18,064.7 18,060.2 18,060.2 +25.4 gain 146.5
FY2016Q1, Cal YRQ4 18,128.2 18,148.4 18,164.8 18,164.8 +36.6 gain 104.6
FY2016Q2, Cal YRQ1 18,221.1 18,229.5 18,230.1 18,281.6 +60.5 gain 116.8
FY2016Q3, Cal YRQ2 18,437.6 18,436.5 18,450.1 18,450.1 +12.5 gain 168.5
FY2016Q4, Cal YRQ3 18,651.2 18,657.9 18,675.3 18,675.3 +24.1 gain 225.2
FY2017Q1, Cal YRQ4 18,860.8 18,855.5 18,869.4 18,905.5 +44.7 gain 230.2
FY2017Q2, Cal YRQ1 19,007.3 19,027.6 19,027.1 19,057.7 +50.4 gain 152.2
FY2017Q3, Cal YRQ2 19,226.7 19,246.7 19,250.0 19.250.0 +23.3 gain 192.3
FY2017Q4, Cal YRQ3 19,495.5 19,509.0 19,500.6 19,500.6 +05.1 gain 250.6
FY2018Q1, Cal YRQ4 19,738.9 19,736.5 19,754.1 19,754.1 +15.2 gain 253.5
FY2018Q2, Cal YRQ1 19,965.3 gaining 226
Display stabilization row:
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Well, one thing is for certain: OMB, CBO, BEA work very hard at hiding, obfuscating, and preventing discovery of any data that people want to find. Or allowing links to the actual data site/Table.
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I keep Forgetting how convoluted, twisted, and fabricated the figures are regarding the Federal Debt. The Gross Federal Debt, the Public Federal Debt, and the annual Deficits of the Federal Budgets do not add up, even when all are on the Fiscal Year cycle. OMB, CBO, Treasury, BEA, use different data, often not meshing.
So I will lay out some more data, for reference.
This helps show that, although the Rock-The-Vote Democraps doubled the Deficit in FY2008, Obama still only inherited a Debt about 2/3 of the GDP, and then was able to, in a few short years, push the Federal Debt over the GDP by 2012, and grew the excess to more than $1 Trillion over the GDP.
Once upon a time, reasonable people explained that a Debt larger than GDP was not a sustainable situation, and then Obamanomics took us there. And then after FY2012 ended, he was reelected to make the Economy even worse. While simultaneously bloating the Debt even further.
Obviously, CBO uses Libtard projection practices, so score any reasonable Budget with less Revenue, more Outlays, more Deficit, and lower GDP.
CBO scores delusional Libtard Budgets with exaggerated Revenue and GDP, and overly optimisticly low Outlays and Deficit.
Federal Debt data is from U.S. Treasury. Using Gross Federal Debt.
For the section to the right, the columns are FY Increase to the Federal Debt (aka THE REAL FEDERAL DEFICIT), FY Gross Federal Debt, FY National GDP, the amount the Debt Exceeds the GDP.
For reference, here is the CBO Historical Budget data:
FscYr Revenues Outlays FedDeficit || DebtInc Fedrl Debt FY NatGDP Excess
2017 $3316.2B $3981.6B $665.4B || $666.2B $20,205.7 $19,177.2B 1028.5B
2016 $3268.0B $3852.6B $584.7B || 1419.4B $19,539.5 $18,469.9B 1069.6B
2015 $3249.9B $3688.4B $438.5B || $325.6B $18,120.1 $17,982.9B $137.2B
2014 $3021.5B $3506.1B $484.6B || 1075.1B $17,794.5 $17,243.6B $550.9B
2013 $2775.1B $3454.6B $679.5B || $668.5B $16,719.4 $16,515.9B $203.5B
2012 $2450.0B $3536.9B 1087.0B || 1286.7B $16,050.9 $16,027.2B $023.7B
2011 $2303.5B $3603.1B 1299.6B || 1235.4B $14,764.2 $15,379.2B
2010 $2162.7B $3457.1B 1294.4B || 1652.9B $13,528.8 $14,798.5B
2009 $2105.0B $3517.7B 1412.7B || 1889.8B $11,875.9 $14,414.6B
2008 $2524.0B $2982.5B $458.6B || 1035.4B $09,986.1 $14,752.4B
2007 $2568.0B $2728.7B $160.7B || $499.3B $08,950.7 $14,322.9B
2006 $2406.9B $2655.1B $248.2B || $546.1B $08,451.4 $13,684.7B
2005 $2153.6B $2472.0B $318.3B || $550.6B $07,905.3 $12,888.9B
2004 $1880.1B $2292.8B $412.7B || $594.7B $07,354.7 $12,088.6B
2003 $1782.3B $2159.9B $377.6B || $561.6B $06,760.0 $11,332.4B
2002 $1853.6B $2010.9B $157.8B || $428.5B $06,198.4 $10,876.9B
2001 $1991.1B $1862.8B +128.2B || $141.2B $05,769.9 $10,564.6B
2000 $2025.2B $1789.0B +236.2B || $023.2B $05,628.7 $10,148.2B
1999 $1827.5B $1701.8B +125.6B || $127.3B $05,605.5 $09,510.5B
1998 $1721.7B $1652.5B +069.3B || $109.0B $05,478.2 $08,954.8B
1997 $1579.2B $1601.1B $021.9B || $187.7B $05,369.2 $08,483.2B
1996 $1453.1B $1560.5B $107.4B || $260.9B $05,181.5 $07,978.3B
1995 $1351.8B $1515.7B $164.0B || $277.3B $04,920.6 $07,583.4B
Display stabilization row:
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Well, I posted the numbers I found, but apparently some of the figures are warped. The Final figures are not matching the figures provided in the Monthly GDP Updates, from before FY2017Q2, I'm not sure why. I'll post the numbers that are the final Quarterly figures, at the end of the quoted part.
I need to specify where this good final data comes from - I think it is an Excel file at BEA. It does appear to be listed under Calendar Year Quarters as opposed to Fiscal Year Quarters elsewhere.
Yes, this is Table.1.1.5 (use the Modify button to adjust dates) at this link:
https://bea.gov/iTable/iTable.cfm?
Quote:
Originally posted by JEWELSTAITEFAN:
Wow. Yesterday, late last night, this linky did not include the 2018 Q1 data, or column. Now it does. But it says last updated 27 April.
https://bea.gov/iTable/iTable.cfm
Guess I need to specify Table 1.1.5.
2018 Q1 is now listed as GDP 19,965.3
Next release date 30 May.
This GDP data is from BEA News Release Archives. Current-Dollar GDP.
I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.
FY2015Q1, Cal YRQ4 17,710.7 17,701.3 17,703.7 17,703.7 --07.0
FY2015Q2, Cal YRQ1 17,710.0 17,665.0 17,693.3 17,649.3 --60.7 loss 54.4
FY2015Q3, Cal YRQ2 17,840.5 17,902.0 17,913.7 17,913.7 +73.2 gain 264.4
FY2015Q4, Cal YRQ3 18,034.8 18,064.7 18,060.2 18,060.2 +25.4 gain 146.5
FY2016Q1, Cal YRQ4 18,128.2 18,148.4 18,164.8 18,164.8 +36.6 gain 104.6
FY2016Q2, Cal YRQ1 18,221.1 18,229.5 18,230.1 18,281.6 +60.5 gain 116.8
FY2016Q3, Cal YRQ2 18,437.6 18,436.5 18,450.1 18,450.1 +12.5 gain 168.5
FY2016Q4, Cal YRQ3 18,651.2 18,657.9 18,675.3 18,675.3 +24.1 gain 225.2
FY2017Q1, Cal YRQ4 18,860.8 18,855.5 18,869.4 18,905.5 +44.7 gain 230.2
FY2017Q2, Cal YRQ1 19,007.3 19,027.6 19,027.1 19,057.7 +50.4 gain 152.2
FY2017Q3, Cal YRQ2 19,226.7 19,246.7 19,250.0 19.250.0 +23.3 gain 192.3
FY2017Q4, Cal YRQ3 19,495.5 19,509.0 19,500.6 19,500.6 +05.1 gain 250.6
FY2018Q1, Cal YRQ4 19,738.9 19,736.5 19,754.1 19,754.1 +15.2 gain 253.5
FY2018Q2, Cal YRQ1 19,965.3 gaining 226
Quote:
Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
FY2000 Q1 09926.1 Q2 10031.0 Q3 10278.3 Q4 10357.4 FY 10148.2
FY2001 Q1 10472.3 Q2 10508.1 Q3 10638.4 Q4 10639.5 FY 10564.6 4.2%
FY2002 Q1 10701.3 Q2 10834.4 Q3 10924.8 Q4 11037.1 FY 10876.9 3.0%
FY2003 Q1 11103.8 Q2 11230.1 Q3 11370.7 Q4 11625.1 FY 11332.4 4.2%
FY2004 Q1 11816.7 Q2 11988.4 Q3 12181.4 Q4 12367.7 FY 12088.6 6.7%
FY2005 Q1 12562.2 Q2 12813.7 Q3 12974.1 Q4 13205.4 FY 12888.9 6.6%
FY2006 Q1 13381.6 Q2 13648.9 Q3 13799.8 Q4 13908.5 FY 13684.7 6.2%
FY2007 Q1 14066.4 Q2 14233.2 Q3 14422.3 Q4 14569.7 FY 14322.9 4.7%
FY2008 Q1 14685.3 Q2 14668.4 Q3 14813.0 Q4 14843.0 FY 14752.4 3.0%
FY2009 Q1 14549.9 Q2 14383.9 Q3 14340.4 Q4 14384.1 FY 14414.6 -2.3
FY2010 Q1 14566.5 Q2 14681.1 Q3 14888.6 Q4 15057.7 FY 14798.5 2.7%
FY2011 Q1 15230.2 Q2 15238.4 Q3 15460.9 Q4 15587.1 FY 15379.1 3.9%
FY2012 Q1 15785.3 Q2 15973.9 Q3 16121.9 Q4 16227.9 FY 16027.2 3.6%
FY2013 Q1 16297.7 Q2 16475.4 Q3 16541.4 Q4 16749.3 FY 16515.9 3.0%
FY2014 Q1 16999.9 Q2 17031.3 Q3 17320.9 Q4 17622.3 FY 17243.6 4.4%
FY2015 Q1 17735.9 Q2 17874.7 Q3 18093.2 Q4 18227.7 FY 17982.9 4.3%
FY2016 Q1 18287.2 Q2 18325.2 Q3 18538.0 Q4 18729.1 FY 18469.9 2.7%
FY2017 Q1 18905.5 Q2 19057.7 Q3 19250.0 Q4 19500.6 FY 19178.4 3.8%
FY2018 Q1 19754.1 Q2 prelim 19965.3 trending FY 20115 - 4.9%
Calendar Year 2017 GDP was 19,391 according to CBO. $19,390.6 from above.
This data meshes well. Taking the average of the 4 FY Quarters produces the FY figure listed by Treasury, except for FY 2017. This is because each quarter has the data multiplied by 4, to present as a full year's rate.
Something to note: Obama constantly projected that he would generate
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https://bea.gov/newsreleases/national/pi/2018/pi0318.htm
https://bea.gov/newsreleases/news_release_sort_national.htm
Q2 portions: 05 53.2%, 06 63.1%, 07 49.1%, 08 36.1%, 11 34.1%, 12 60.4%, 13 47.5%, 14 32.3%, 15 41.7%, 16 19.4%, 17 42.6%
465 -> 930, 20108. 495 -> 990, 20168.
07, 495 -> 1008, 20186.
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Today CBO released its Analysis of Trump's FY2019 Federal Budget.
To reconcile it's prior projections with Reality it had to begrudgingly increase the Revenues, decrease the Outlays, Deficit, and Debt, and increase the GDP - at least for FY2018. And these revisions are compared to the delusions they persisted with as of LAST MONTH, or 7 weeks ago.
https://www.cbo.gov/publication/53884
The CBO report is from April 2018, which was delayed from January due to the legislation passed in November 2017, February, March 2018. It only includes non-legislative factors up to mid-February. It is https://www.cbo.gov/publication/53651
For comparison, I'll post on the same Table as Trump's projections.
The left has President's Federal Budget, FY2019, and then the CBO estimates from April 2018, and then the CBO Analysis from May 2018:
Year Rvnu Outl Defct NtGDP || CBRv CBOt CBD CBGDP || CBR CBOt CDOD CBGDP
2028 5818 6181 363 32602 || 5520 7046 1526 29803 || 5264 6351 1087 29803
2027 5506 5955 450 31089 || 5299 6615 1316 28677 || 5063 6029 $965 28677
2026 5231 5748 517 29647 || 5002 6322 1320 27608 || 4886 5778 $893 27608
2025 4946 5526 579 28253 || 4663 6015 1352 26595 || 4659 5553 $895 26595
2024 4675 5348 672 26900 || 4444 5688 1244 25583 || 4446 5305 $859 25583
2023 4386 5160 774 25605 || 4228 5500 1273 24621 || 4232 5202 $971 24621
2022 4089 4941 852 24369 || 4012 5288 1276 23716 || 4016 5055 1039 23716
2021 3838 4754 916 23194 || 3827 4949 1123 22872 || 3830 4775 $945 22872
2020 3609 4596 987 22067 || 3678 4685 1008 22034 || 3682 4548 $866 22034
2019 3422 4407 984 21003 || 3490 4470 $981 21136 || 3493 4448 $955 21136
2018 3340 4214 873 20029 || 3338 4142 $804 20103 || 3339 4131 $792 20103
2017 3316 3982 665 19177 || 3316 3982 $665 19178 || 3316 3982 $665 19178
In the left section, Trump's Budget, compared to Obama projections:
The Revenue projections are reduced from the exaggerated amounts Obama assumed. Deficits upcoming are increased due to more realistic projections. For 2017 the figures were updated from Obama's base projections and last year corrections. Trump's GDP is revised up, and Expenditures are revised down.
Trump's Budget accumulates $8.632 Trillion in Deficits by 2028.
Indicating the Federal Debt would add about $13 Trillion in that period.
Which holds true to historical practice. Democrats always exaggerate or overestimate Revenues and downplay or underestimate Expenditures, and Conservative Republicans always underestimate Revenue projections and overestimate Expenditure projections (but Democrats then find some pork to fill in the difference).
In the middle section, the CBO projections:
The Liberal biased practices of the CBO bloat the Expenditures, and undervalue the Revenues and long-term GDP, thus exaggerate the Deficits. The GDP in the short term is more because even the Liberal bias was unable to deny the reality of Trump's Fiscal Policies and subsequent GDP growth.
The CBO projections bloat the accumulative Deficits to $13.888 Trillion by 2028.
Indicating the Federal Debt would add about $20 Trillion in that period - practically doubling from it's current level. Which would exaggerate by $7 Trillion what Trump's Budget projected, or about 150%
The section to the right is the CBO Analysis of Trump's Budget.
The CBO Analysis projects $11.033 Trillion accumulated Deficits by 2028.
Indicating the Federal Debt would add about $16 Trillion in that period. Which trims off about $4 Trillion of their own exaggeration from only 7 weeks before - more than half of their bloated figures.
Because the numbers from BEA are not used in the President's Federal Budget during this century, the relevant figures had to be interpolated. For this reason the 20,029 would be replaced by 20,103. An increase of $74 Billion for 2018.
I will attempt to revise the data with this new data bump, using a linear increase to GDP. Then a corresponding change to Revenue. And a corresponding change to the reduction in Debt Se
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Updating with new data:
CBO May 2018 Analysis of FY2019 Budget.
https://www.cbo.gov/publication/53884
This looks like an interesting resource linky:
https://www.cbo.gov/about/products/major-recurring-reports#9
Apr 2018 CBO estimate:
https://www.cbo.gov/publication/53821#section2
These data sources actually seem to correlate to the figures in the Budget Statements.
I'll try to post some data to breakdown how the projections progress.
The 1st column is Category and Fiscal Year. Categories are Revenue, Outlays, Surplus/Deficit (estimate) and Surplus/Deficit (Actual, or corrected). Projected is the figure that CBO projected for the FY, most recent at the time of the report. Proportional Percent is the cumulative Deficit compared to the actual FY Total. For the newest year, % Projection is based upon the historical proportion for that month of the cycle.
Each FY has 2 groups. First group is the individual month data. Second group is the cumulative Deficit for that FY so far.
Figures in Billions.
CatFY Oct Nove Dece Janu Febru Marc April MMay June July Augu Sept
Rev16 211 $205 $350 $314 $169 $228 $438 $225 $330 $210 $231 $358
Out16 347 $270 $364 $258 $362 $336 $332 $277 $323 $323 $338 $323
S/D16 -136 -$65 --$14 +$55 --193 --108 +106 --$53 +$06 --113 --107 +$35
Rev16 211 $416 $766 1079 1248 1476 1915 2139 2469 2679 2910 3268
Out16 347 $617 $981 1240 1601 1936 2268 2545 2868 3191 3529 3852
S/D16 -136 -201 --216 --160 --353 --459 --353 --405 --399 --512 --619 --585
Projtd -414 -414 --414 --544 --544 --534 --534 --534 --534 --534 --590 --590
Port% 23.2 34.4 36.9% 27.4 60.3% 78.5 60.3 69.2% 68.2 87.5 106% 100%
Rev17 222 $200 $319 $344 $172 $217 $456 $240 $339 $231 $226 $348
Out17 267 $337 $347 $293 $364 $393 $273 $327 $426 $276 $336 $342
S/D17 --46 --137 --$27 +$51 --192 --176 +182 --$87 --$87 --$45 --109 +$06
Rev17 222 $422 $741 1085 1257 1473 1929 2168 2509 2738 2966 3314
Out17 267 $604 $951 1243 1607 2000 2273 2600 3028 3307 3642 3982
S/D17 --46 --183 --210 --159 --351 --527 --344 --432 --520 --568 --675 --668
Projtd -594 -594 --594 --559 --559 --559 --559 --559 --693 --693 --693 --693
Port% 06.9 27.5 31.6% 23.9 52.8% 79.2 51.7 65.0% 78.2 85.4 101% 100%
Rev18 235 $210 $326 $362 $157 $213 $515
Out18 299 $344 $352 $311 $373 $420 $297
SDEst --62 --134 --$26 +$51 --216 --207 +218
Act18 --63 --139 --$23 +$49 --215 --209
Rev18 235 $445 $770 1131 1287 1499 2012
Out18 299 $643 $998 1306 1679 2097 2394
SDEst --62 --198 --228 --174 --392 --598 --382
Act18 --63 --202 --225 --176 --391 --600
Projtd -873 -873 --873 --873 --873 --873 --804 --792
%Prjt7 -911 -734 --713 --736 --741 --757 --738
%Prjt6 -271 -588 --609 --644 --648 --765 --633
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Consumer Confidence is near 18 year high.
That means higher than anytime under Obamanomics.
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New report today from BEA.
Updating some figures.
This data does appear to be listed under Calendar Year Quarters as opposed to Fiscal Year Quarters elsewhere.
Yes, this is Table.1.1.5 (use the Modify button to adjust dates) at this link:
https://bea.gov/iTable/iTable.cfm?
Quote:
Originally posted by JEWELSTAITEFAN:
https://bea.gov/iTable/iTable.cfm
Guess I need to specify Table 1.1.5.
2018 Q1 is now listed as GDP 19,965.3
Next release date 30 May.
This GDP data is from BEA News Release Archives. Current-Dollar GDP.
I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.
FY2015Q1, Cal YRQ4 17,710.7 17,701.3 17,703.7 17,703.7 --07.0
FY2015Q2, Cal YRQ1 17,710.0 17,665.0 17,693.3 17,649.3 --60.7 loss 54.4
FY2015Q3, Cal YRQ2 17,840.5 17,902.0 17,913.7 17,913.7 +73.2 gain 264.4
FY2015Q4, Cal YRQ3 18,034.8 18,064.7 18,060.2 18,060.2 +25.4 gain 146.5
FY2016Q1, Cal YRQ4 18,128.2 18,148.4 18,164.8 18,164.8 +36.6 gain 104.6
FY2016Q2, Cal YRQ1 18,221.1 18,229.5 18,230.1 18,281.6 +60.5 gain 116.8
FY2016Q3, Cal YRQ2 18,437.6 18,436.5 18,450.1 18,450.1 +12.5 gain 168.5
FY2016Q4, Cal YRQ3 18,651.2 18,657.9 18,675.3 18,675.3 +24.1 gain 225.2
FY2017Q1, Cal YRQ4 18,860.8 18,855.5 18,869.4 18,905.5 +44.7 gain 230.2
FY2017Q2, Cal YRQ1 19,007.3 19,027.6 19,027.1 19,057.7 +50.4 gain 152.2 +35.4
FY2017Q3, Cal YRQ2 19,226.7 19,246.7 19,250.0 19.250.0 +23.3 gain 192.3 +23.8
FY2017Q4, Cal YRQ3 19,495.5 19,509.0 19,500.6 19,500.6 +05.1 gain 250.6 +25.4
FY2018Q1, Cal YRQ4 19,738.9 19,736.5 19,754.1 19,754.1 +15.2 gain 253.5 +23.3
FY2018Q2, Cal YRQ1 19,965.3 19,956.8 gaining 220 +68
Quote:
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FY2000 Q1 09926.1 Q2 10031.0 Q3 10278.3 Q4 10357.4 FY 10148.2
FY2001 Q1 10472.3 Q2 10508.1 Q3 10638.4 Q4 10639.5 FY 10564.6 4.2%
FY2002 Q1 10701.3 Q2 10834.4 Q3 10924.8 Q4 11037.1 FY 10876.9 3.0%
FY2003 Q1 11103.8 Q2 11230.1 Q3 11370.7 Q4 11625.1 FY 11332.4 4.2%
FY2004 Q1 11816.7 Q2 11988.4 Q3 12181.4 Q4 12367.7 FY 12088.6 6.7%
FY2005 Q1 12562.2 Q2 12813.7 Q3 12974.1 Q4 13205.4 FY 12888.9 6.6%
FY2006 Q1 13381.6 Q2 13648.9 Q3 13799.8 Q4 13908.5 FY 13684.7 6.2%
FY2007 Q1 14066.4 Q2 14233.2 Q3 14422.3 Q4 14569.7 FY 14322.9 4.7%
FY2008 Q1 14685.3 Q2 14668.4 Q3 14813.0 Q4 14843.0 FY 14752.4 3.0%
FY2009 Q1 14549.9 Q2 14383.9 Q3 14340.4 Q4 14384.1 FY 14414.6 -2.3
FY2010 Q1 14566.5 Q2 14681.1 Q3 14888.6 Q4 15057.7 FY 14798.5 2.7%
FY2011 Q1 15230.2 Q2 15238.4 Q3 15460.9 Q4 15587.1 FY 15379.1 3.9%
FY2012 Q1 15785.3 Q2 15973.9 Q3 16121.9 Q4 16227.9 FY 16027.2 3.6%
FY2013 Q1 16297.7 Q2 16475.4 Q3 16541.4 Q4 16749.3 FY 16515.9 3.0%
FY2014 Q1 16999.9 Q2 17031.3 Q3 17320.9 Q4 17622.3 FY 17243.6 4.4%
FY2015 Q1 17735.9 Q2 17874.7 Q3 18093.2 Q4 18227.7 FY 17982.9 4.3%
FY2016 Q1 18287.2 Q2 18325.2 Q3 18538.0 Q4 18729.1 FY 18469.9 2.7%
FY2017 Q1 18905.5 Q2 19057.7 Q3 19250.0 Q4 19500.6 FY 19178.4 3.8%
FY2018 Q1 19754.1 Q2 est2 19956.8 trending FY 20101 - 4.9%
Calendar Year 2017 GDP was 19,391 according to CBO. $19,390.6 from above.
This data meshes well. Taking the average of the 4 FY Quarters produces the FY figure listed by Treasury, except for FY 2017. This is because each quarter has the data multiplied by 4, to present as a full year's rate.
Something to note: Obama constantly projected that he would generate repeated increases to GDP of over $1 Trillion from one year to the next. Yet Obamanomics never allowed growth like that to occur. Not one single year did the GDP grow by $1 Trillion. Not during Obamanomics, nor ever before. But Trump is on pace to accomplish this feat, in only his very first full year - even though Obama's overly optimistic predictions did not identify it would be possible this soon.
Peak Quarters of growth: (inc
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