The Department of Homeland Security hasn’t published an estimate since 2013, but said then that the population “likely peaked around 2007” at 11.8 million or 12 million. That would be a decrease of 1.1 million, or 9 percent. The Pew Research Center estimated the number at 11.7 million in 2008, and most recently at 11.3 million in 2014, a decline of roughly 400,000, or 3.4 percent.Īnd the Center for Migration Studies estimated that the drop has been even more pronounced, going from 12 million in 2008 to 10.9 million in 2014. illegally has actually declined, according to independent estimates by demographers. But during Obama’s time in office, the number of people living in the U.S.
Unauthorized ImmigrantsĪnother hot issue in the 2016 race for the White House is illegal immigration. is buying much less foreign oil, at much lower prices, a subject we address later in this article. In the last quarter of 2015, imports were down 2.3 percent from the previous quarter, and 5.5 percent from the last quarter of 2014.Ī big factor moderating the value of imports during Obama’s tenure is that the U.S. Imports – Even so, exports have grown faster than imports, which are up only 18.2 percent under Obama, compared with the 27.8 percent rise in exports. That leaves Obama’s promise to double exports even further out of reach. Fourth-quarter exports were down 2 percent from the previous quarter, and were 7.6 percent below the final quarter of 2014. Lately, exports actually have been shrinking as the economies of China and other U.S. exports of goods and services have gone up by only 27.8 percent since the quarter before Obama took office. Since then the trade gap fluctuated between $549 billion (in 2011) and $478 billion (in 2013).Įxports – To be sure, Obama had promised to narrow the gap even more, vowing in his 2010 State of the Union address to “ double our exports over the next five years.” The president fell far short of that goal, however.Īs of the final quarter of 2015, according to the most recent quarterly report of the Commerce Department’s Bureau of Economic Analysis, U.S. That was a result of a worldwide recession that dampened consumer spending and drove down the price of crude oil, a major component of U.S. The trade deficit shrank even more dramatically in Obama’s first year, to $384 billion. imported $540 billion more in goods and services than it exported, compared with a deficit of $709 billion in 2008, and with the record deficit of $762 billion of 2006. trade deficit, which had grown relentlessly since the 1970s, has shrunk 24 percent during Obama’s time in office. We start with a subject that has been much criticized by some leading candidates seeking to succeed President Obama in the White House: the U.S. What we offer here are some key yardsticks from sources we consider solid and reliable. We leave it to our readers to judge how much credit or blame the president deserves for what has happened on his watch, and we caution that no single number or collection of numbers can tell the entire story.
#Current week number 2016 update#
Those are just some of the findings in our latest installment of Obama’s Numbers.Īs we do every three months, we offer here a fresh update of selected statistical indicators of what has happened since Barack Obama first took the oath of office in January 2009. The number of people lacking health insurance has gone down by nearly 15 million.Federal debt has more than doubled, and annual deficits, after shrinking, are again on the rise.Corporate profits are running 144 percent higher and stock prices have soared.The buying power of the average worker’s weekly paycheck is up 4.2 percent.The unemployment rate has dropped below the historical norm.The economy has added 9.7 million jobs.illegally has gone down - by 3.4 percent according to one independent estimate and by 9 percent according to another. trade deficit has shrunk by 24 percent exports have grown faster than imports. Since President Barack Obama first took office:
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