US quarterly economic growth rates under Obama By The Associated Press, Associated Press Oct 26, 2012 9:58 AM CDT Copied Here are the quarterly growth rates for the U.S. economy since President Barack Obama took office in January 2009. Growth is measured by the change in gross domestic product, the nation's total output of goods and services. Obama took office on Jan. 20, 2009, during the Great Recession, which officially ended in June 2009.A negative number indicates that GDP shrank during that quarter.Quarters GDP rates2009: Q1 -5.3 percent2009: Q2 -0.3 percent2009: Q3 1.4 percent2009: Q4 4.0 percent2010: Q1 2.3 percent2010: Q2 2.2 percent2010: Q3 2.6 percent2010: Q4 2.4 percent2011: Q1 0.1 percent2011: Q2 2.5 percent2011: Q3 1.3 percent2011: Q4 4.1 percent2012: Q1 2.0 percent2012: Q2 1.3 percent2012: Q3 2.0 percent