President Trump’s first year successes Donald Trump has presided over the most buoyant economic conditions of any recent U.S. president in his first year, but his unpopularity could prevent him from capitalising on it in November’s midterm election Year to Jan 16, 2018 S&P 500 UP 22.86% Dow Jones UP 30.14% Nasdaq UP 31.10% Stock markets: Since inauguration on January 20, 2017, U.S. markets have created $5.4 trillion in wealth Economy: GDP has expanded from 1.5% to 3% for two quarters Jobs: U.S. businesses created 1.8 million new jobs in 2017 Tax reform: Will cost $1.5 trillion over 10 years. Corporate tax rate cut from 35% to 21%. Companies will only be taxed on U.S. earnings GDP change (%, quarterly) Jan 2009: -5.4% Jan 2017: 1.5% Apr-Sep: 3% President Obama 5 4 3 2 1 0 -1 -2 -3 -4 -5 -6 09 10 11 12 13 14 15 16 17 18 Annual increase (Jan-Dec) 2010 2011 2012 2013 2014 2015 2016 2017 1,038,000 1,784,000 2,048,000 2,091,000 2,808,000 2,479,000 2,114,000 1,839,000 Unemployment Year end (%) 9.3 8.5 7.9 6.7 5.6 5.0 4.7 4.1 10 11 12 13 14 15 16 17 18 Sources: BEA, Bureau of Labor Statistics, White House Pictures: Associated Press