State of the Economy

datascience@berkeley looked at each president's first State of the Union address — from Woodrow Wilson to Donald J. Trump — to find out how often they mentioned the economy.

Donald J. Trump

Party: Republican
Year: 2018
Total Word Count: 5,799

Trump Economy mentions
Word Frequency Percentage of Speech
Business 6 0.08622176237
Income 2 0.03448870495
Jobs 13 0.1207104673
Poverty 1 0.01724435247
Recession 1 0.01724435247
Taxes 16 0.2586652871
Unemployment 3 0.05173305742
Dollar 3 0.05173305742
Economy 4 0.05173305742

Barack Obama

Party: Democrat
Year: 2010
Total Word Count: 7,304

Obama Economy mentions
Word Frequency Percentage of Speech
Banks 8 0.1095290252
Budget 6 0.08214676889
Business 30 0.4107338445
Debt 5 0.06845564074
Dollar 2 0.0273822563
Economy 18 0.2464403067
Employer 1 0.01369112815
Employment 2 0.0273822563
Finance 12 0.1642935378
Income 5 0.06845564074
Jobs 23 0.3148959474
Money 4 0.0547645126
Poverty 1 0.01369112815
Recession 6 0.08214676889
Stimulus 1 0.01369112815
Taxes 23 0.3148959474
Unemployment 4 0.0547645126

George W. Bush

Party: Republican
Year: 2002
Total Word Count: 3,878

George W. Bush Economy mentions
Word Frequency Percentage of Speech
Budget 7 0.1805054152
Business 1 0.02578648788
Debt 1 0.02578648788
Dollar 1 0.02578648788
Economy 7 0.1805054152
Employee 2 0.05157297576
Finance 1 0.02578648788
Jobs 11 0.2836513667
Money 1 0.02578648788
Poverty 1 0.02578648788
Recession 3 0.07735946364
Stimulus 1 0.02578648788
Taxes 7 0.1805054152
Unemployment 2 0.05157297576

Bill Clinton

Party: Democrat
Year: 1994
Total Word Count: 7,432

Clinton Economy mentions
Word Frequency Percentage of Speech
Bankruptcy 2 0.02691065662
Banks 2 0.02691065662
Budget 7 0.09418729817
Business 10 0.1345532831
Debt 1 0.01345532831
Dollar 1 0.01345532831
Economy 13 0.174919268
Employee 2 0.02691065662
Empoloyer 4 0.05382131324
Finance 4 0.05382131324
Income 8 0.1076426265
Jobs 20 0.2691065662
Money 5 0.06727664155
Poverty 3 0.04036598493
Taxes 13 0.174919268
Unemployment 4 0.05382131324

George Bush Sr.

Party: Republican
Year: 1990
Total Word Count: 3,777

George Bush Sr. Economy mentions
Word Frequency Percentage of Speech
Budget 8 0.2118083135
Business 1 0.02647603918
Debt 1 0.02647603918
Dollar 1 0.02647603918
Economy 4 0.1059041567
Jobs 2 0.05295207837
Money 4 0.1059041567
Taxes 2 0.05295207837

Ronald Reagan

Party: Republican
Year: 1982
Total Word Count: 5,154

Reagan Economy mentions
Word Frequency Percentage of Speech
Budget 8 0.1552192472
Business 7 0.1358168413
Debt 1 0.0194024059
Dollar 7 0.1358168413
Economy 20 0.388048118
Employee 2 0.0388048118
Expenditures 1 0.0194024059
Finance 3 0.05820721769
Income 1 0.0194024059
Jobs 7 0.1358168413
Money 6 0.1164144354
Recession 6 0.1164144354
Taxes 29 0.5626697711
Unemployment 9 0.1746216531

James Carter, Jr.

Party: Democrat
Year: 1978
Total Word Count: 4,580

Carter Economy mentions
Word Frequency Percentage of Speech
Budget 7 0.1528384279
Business 8 0.1746724891
Dollar 4 0.08733624454
Economy 26 0.5676855895
Employment 2 0.04366812227
Income 3 0.06550218341
Jobs 10 0.2183406114
Poverty 1 0.02183406114
Taxes 18 0.3930131004
Unemployment 7 0.1528384279

Gerald Ford

Party: Republican
Year: 1975
Total Word Count: 4,126

Ford Economy mentions
Word Frequency Percentage of Speech
Budget 7 0.169655841
Business 6 0.1454192923
Debt 1 0.02423654872
Dollar 3 0.07270964615
Economy 18 0.4362578769
Expenditures 4 0.09694619486
Finance 1 0.02423654872
Income 10 0.2423654872
Jobs 5 0.1211827436
Money 3 0.07270964615
Recession 1 0.02423654872
Tariff 1 0.02423654872
Taxes 29 0.7028599127
Unemployment 1 0.02423654872

Richard Nixon

Party: Republican
Year: 1970
Total Word Count: 4,457

Nixon Economy mentions
Word Frequency Percentage of Speech
Budget 7 0.1570563159
Business 1 0.02243661656
Debt 4 0.08974646623
Dollar 1 0.02243661656
Economy 7 0.1570563159
Employment 1 0.02243661656
Finance 1 0.02243661656
Income 2 0.04487323312
Money 3 0.06730984967
Poverty 1 0.02243661656
Taxes 1 0.02243661656

Lyndon B. Johnson

Party: Democrat
Year: 1964
Total Word Count: 3,168

Johnson Economy mentions
Word Frequency Percentage of Speech
Budget 8 0.2525252525
Business 2 0.06313131313
Dollar 4 0.1262626263
Economy 6 0.1893939394
Employee 1 0.03156565657
Employer 1 0.03156565657
Employment 6 0.1893939394
Expenditures 2 0.06313131313
Finance 2 0.06313131313
Income 2 0.06313131313
Jobs 5 0.1578282828
Money 1 0.03156565657
Poverty 9 0.2840909091
Taxes 10 0.3156565657
Unemployment 8 0.2525252525

John F. Kennedy

Party: Democrat
Year: 1961
Total Word Count: 5,274

Kennedy Economy mentions
Word Frequency Percentage of Speech
Bankruptcy 1 0.01896094046
Budget 7 0.1327265832
Busines 4 0.07584376185
Dollar 12 0.2275312856
Economy 25 0.4740235116
Employment 1 0.01896094046
Expenditures 1 0.01896094046
Finance 4 0.07584376185
Income 3 0.05688282139
Jobs 3 0.05688282139
Money 4 0.07584376185
Recession 4 0.07584376185
Taxes 5 0.09480470231
Unemployment 7 0.1327265832

Dwight D. Eisenhower

Party: Republican
Year: 1953
Total Word Count: 6,973

Eisenhower Economy mentions
Word Frequency Percentage of Speech
Budget 12 0.1720923562
Business 3 0.04302308906
Debt 7 0.1003872078
Dollar 6 0.08604617812
Economy 31 0.4445719203
Employee 2 0.02868205937
Employer 2 0.02868205937
Employment 3 0.04302308906
Expenditures 4 0.05736411874
Finance 2 0.02868205937
Income 4 0.05736411874
Money 2 0.02868205937
Poverty 1 0.01434102969
Taxes 10 0.1434102969
Unemployment 1 0.01434102969

Harry S. Truman

Party: Democrat
Year: 1946
Total Word Count: 27,465

Truman Economy mentions
Word Frequency Percentage of Speech
Bankruptcy 1 0.003640997633
Banks 4 0.01456399053
Budget 58 0.2111778627
Business 68 0.2475878391
Debt 30 0.109229929
Dollar 212 0.7718914983
Economy 88 0.3204077917
Employee 11 0.04005097397
Employer 3 0.0109229929
Employment 43 0.1565628982
Expenditures 128 0.4660476971
Finance 37 0.1347169124
Income 29 0.1055889314
Jobs 5 0.01820498817
Money 7 0.02548698343
Stimulus 2 0.007281995267
Tariff 2 0.007281995267
Taxes 30 0.109229929
Unemployment 27 0.0983069361

Franklin D. Roosevelt

Party: Democrat
Year: 1934
Total Word Count: 2,230

Roosevelt Economy mentions
Word Frequency Percentage of Speech
Banks 3 0.134529148
Business 2 0.08968609865
Debt 3 0.134529148
Dollar 1 0.04484304933
Economy 3 0.134529148
Employment 2 0.08968609865
Finance 3 0.134529148
Money 3 0.134529148
Taxes 1 0.04484304933
Unemployment 3 0.134529148

Herbert Hoover

Party: Republican
Year: 1929
Total Word Count: 10,994

Hoover Economy mentions
Word Frequency Percentage of Speech
Bankruptcy 1 0.009095870475
Banks 7 0.06367109332
Budget 3 0.02728761142
Business 10 0.09095870475
Debt 3 0.02728761142
Dollar 1 0.009095870475
Economy 16 0.1455339276
Employee 1 0.009095870475
Employment 7 0.06367109332
Expenditures 12 0.1091504457
Finance 5 0.04547935237
Income 8 0.0727669638
Money 1 0.009095870475
Poverty 1 0.009095870475
Stimulus 1 0.009095870475
Tariff 13 0.1182463162
Taxes 13 0.1182463162
Unemployment 3 0.02728761142

Calvin Coolidge

Party: Republican
Year: 1923
Total Word Count: 6,706

Coolidge Economy mentions
Word Frequency Percentage of Speech
Budget 4 0.05964807635
Business 5 0.07456009544
Debt 5 0.07456009544
Dollar 5 0.07456009544
Economy 8 0.1192961527
Employee 4 0.05964807635
Employer 1 0.01491201909
Employment 3 0.04473605726
Expenditures 4 0.05964807635
Finance 6 0.08947211452
Income 2 0.02982403817
Money 3 0.04473605726
Tariff 3 0.04473605726
Taxes 12 0.178944229

Warren Harding

Party: Republican
Year: 1921
Total Word Count: 5,606

Harding Economy mentions
Word Frequency Percentage of Speech
Budget 3 0.05351409204
Business 2 0.03567606136
Debt 3 0.05351409204
Dollar 1 0.01783803068
Economy 10 0.1783803068
Employee 1 0.01783803068
Employer 1 0.01783803068
Employment 6 0.1070281841
Expenditures 1 0.01783803068
Finance 5 0.08919015341
Money 3 0.05351409204
Poverty 1 0.01783803068
Tariff 12 0.2140563682
Taxes 4 0.07135212273
Unemployment 0.03567606136

Woodrow Wilson

Party: Democrat
Year: 1913
Total Word Count: 3,553

Wilson Economy mentions
Word Frequency Percentage of Speech
Business 9 0.2533070645
Economy 2 0.05629045877
Employee 1 0.02814522938
Employer 1 0.02814522938
Employment 1 0.02814522938
Money 1 0.02814522938

Frequency adjusted for speech length.
Similar variations of words were combined. For example: budget, budgets, budgetary, budgeted, and budgeting are all categorized under “budget.”

Source: The American Presidency Project -- http://www.presidency.ucsb.edu/sou.php


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