Here is a quick look at DJIA, between August 2004 and June 2014, both nominal, and inflation-adjusted using CPI (CUUR0000SA0, 1982-84=100):
Nominally, the Dow-Jones index is about 142% higher than its lowest point, right around the time of President Obama's inauguration. On that day, the DJIA closed at 7,949, and by February 27, 2009, it was down to 7,063. Today, it's hovering around 17,100. That reflects an average annual growth rate in the nominal value of the index of about 19%.
Once the index is adjusted using the Consumer Price Index, the February 2009 value falls to 3329, and the current value falls to about 7060, reflecting an annual rate of growth in the inflation adjusted DJIA of about 16%.
According to the BEA, the real GDP of the U.S. was about 10% higher in the first quarter of 2014 than in the first quarter of 2009, reflecting an average annual growth rate of about 2% in the amount of goods and services produced by the U.S. economy.
An adjustment, and that may be an understatement, especially given the world situation, is probably on the way.