GDP Series Revised

On Friday, the government released their first estimate of Q2 GDP growth. They also revised their historical data as well. Here’s a side-by-side look at the old and new numbers.

It turns out that the economy did worse during 2011-12 than we originally thought, but the bounce back since then has been better than we thought.

Posted by Eddy Elfenbein on August 4th, 2014 at 10:02 am

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