Remarkable Stat on Real GDP

Here’s a stat that I find astonishing:

From 1947 to 1973, real GDP grew by 175.9603%.
From 1973 to 2012, real GDP grew by 175.9607%.

In other words, the U.S. economy grew by the same amount over the last 39 years as it did in the 26 years before, despite the latter period being 50% longer. And when I say the same, I mean almost precisely exactly the same.

Here’s quarterly GDP growth for the last few years:

Posted by Eddy Elfenbein on February 28th, 2013 at 10:42 am

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