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(how much did GDP decrease from 2012 to the deepest point of the recession? W the...

(how much did GDP decrease from 2012 to the deepest point of the recession? W

the long-term trend. Use more than 1 word. Do not just say “increased” or “decreased” but instead talk about the trend, whether there are wiggles and what they mean.

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Answer #1
2012 $16.197 $16.197 2.2% Fiscal cliff
2013 $16.785 $16.495 1.8% Sequestration
2014 $17.527 $16.912 2.5% QE ends
2015 $18.238 $17.432 3.1% TPP, Iran deal
2016 $18.745 $17.731 1.7% Presidential race
2017 $19.543 $18.144 2.3% Trump Tax Act
2018 $20.612 $18.688 3.0% Deficit spending
2019 $21,433 $19,092 2.2% Trade war

The gdp of US was fluctuating since 2012. In recent years economic growth of US isn't performing well. The trade war also impacted negatively on the economy. Also pandemic in 2020 made the economic growth below zero.

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