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Will the US set a new annual GDP growth rate record high before 2030?

Question

Real GDP Annual Growth Rate in the United States averaged 3.3% from 1930 until 2017, reaching an all time high of 8.7% in 1950 and a record low of -3.90% in the second quarter of 2009.

This question asks: In any year before Q1 2030, will the US record real GDP annual growth rate of greater than 8.7%, beating the record set in 1950?

For the purpose of this question, we shall refer to Real GDP in terms of percent change from preceding year, as provided by the Bureau of Economic Analysis, or other reputable sources of economic data.

Edit: (22 Feb 2019), the question now resolves positively if real GDP in terms of percent change from preceding year exceeds 8.7% instead of resolving positively if annualised quarterly real GDP growth exceeds 13.4%.

Categories:
Economy – US

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