Last updated: September 13th, 2024
Joe Biden was elected in November 2020 and is the current president of the United States. He is a former United States senator and former Vice President to Barack Obama from 2009-2017. His administration plans to focus on controlling the pandemic, providing economic relief to American families and tackling climate change.
Below is a table summarizing Joe Biden's cumulative and annualized performance across all the metrics we track. These are for the entirety of Joe Biden's term.
| Indicator | Cumulative Gain/Loss |
|---|---|
| NASDAQ | 34.00% |
| DOW | 33.83% |
| S&P | 48.10% |
| Job Growth | 11.29% |
| GDP Growth | 20.11% |
American Rescue Plan (2021)
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Under Joe Biden’s presidency, the S&P 500 gained 48.10%, the NASDAQ gained 34.00% and the Dow Jones gained 33.83%. Annualized, the S&P 500 gained 11.35%, the NASDAQ gained 8.34% and the Dow Jones gained 8.31%
Here is Joe Biden’s cumulative stock market performance broken out by term.
| Indicator | Cumulative End of Term 1 | Cumulative End of Term 2 |
|---|---|---|
| NASDAQ | 34.00% | N/A |
| DOW | 33.83% | N/A |
| S&P | 48.10% | N/A |
Go to our Learning Center to learn more about stock market performance and how it affects you.
Here is Biden’s cumulative GDP growth performance broken out by term.
| Indicator | Cumulative End of Term 1 | Cumulative End of Term 2 |
|---|---|---|
| GDP Growth | 20.11% | N/A |
Here is Biden’s cumulative job growth performance broken out by term.
| Indicator | Cumulative End of Term 1 | Cumulative End of Term 2 |
|---|---|---|
| Job Growth | 11.29% | N/A |
We capture the data as soon as it’s available to us – stock market data after daily market close, jobs data once a month and GDP data once a quarter. After verifying the raw data, we then calculate updated cumulative and annualized performance data for the current president (the data for previous presidents have been calculated and verified in advance).
Some metrics are measured daily (like stock market performance), monthly (like jobs growth) and quarterly (like GDP growth). We start measurement of performance for a president from the first full time period after their inauguration. For stock market performance, it is the first stock market day in office. For jobs growth, it’s either first full calendar month in office (so if you are inaugurated in the middle of January, the first full month is February). This ensures a consistent starting point across all presidencies.
Also, read these articles in our Learning Center:
- What is the difference between cumulative and annualized performance?
- What’s the best way to interpret the facts and data on Facts First?
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