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Quarterly GDP Growth Percent change from previous quarter in real gross domestic product* 18% 14 10 -10 1960 1965 1970 1975 1981 1986 1991 1996

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Quarterly GDP Growth Percent change from previous quarter in real gross domestic product* 18% 14 10 -10 1960 1965 1970 1975 1981 1986 1991 1996 2002 2007 2012 2017 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 03 Source: U.S. Bureau of Economic Analysis *At annual rates Bloomberg View

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