Monday , December 23 2024
Home / The Angry Bear / Revised real GDP growth

Revised real GDP growth

Summary:
Along with the second quarter GDP report the BEA also published the results of its regular revision of the last five years of data.  The most significant revision was to the measure of price changes in the high tech arena. This showed that business investment had been somewhat stronger than previously reported, but it only had a very minor impact on real GDP growth. The chart shows the year-over-year growth in real GDP over the 2012 to 2017 period with the revised data.  I doubt if you will see this data published by the Republicans.

Topics:
Spencer England considers the following as important:

This could be interesting, too:

Angry Bear writes Planned Tariffs, An Economy Argument with Political Implications

Bill Haskell writes From the Middle Out and Bottom Up

Bill Haskell writes US-China Decoupling

Ken Melvin writes Public vs Private Wealth – Breaking Free

Along with the second quarter GDP report the BEA also published the results of its regular revision of the last five years of data.  The most significant revision was to the measure of price changes in the high tech arena. This showed that business investment had been somewhat stronger than previously reported, but it only had a very minor impact on real GDP growth.

The chart shows the year-over-year growth in real GDP over the 2012 to 2017 period with the revised data.  I doubt if you will see this data published by the Republicans.

Revised real GDP growth

Leave a Reply

Your email address will not be published. Required fields are marked *