Friday, July 30, 2010

Real GDP Annual Rate Change

A Few More Quarters Like This, And Growth Will Be Finished
This morning's GDP report confirmed a sharp slowdown from the blistering growth in Q4 '09 and Q1'10.
This look back through recent quarters, published by White House economist Christina Romer, offers a nice visualization of where we might be going.
Suffice to say, a few more quarters like this, and that bar will be negative again. This is what keeps James Bullard up at night.
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Using Data on Money Stocks to Estimate Real Colonial Gdp in the Seven Colonies of Australasia: 1861-1991 (Discussion Paper No 687)

Are real GDP levels trend, difference, or regime-wise trend stationary? Evidence from panel data tests incorporating structural change.: An article from: Southern Economic Journal

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