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Saturday, August 11, 2012

Update: Real GDP Percent Change Graph, 1980-Q2 2012

by Calculated Risk on 8/11/2012 08:32:00 PM

Earlier:
Summary for Week Ending Aug 10th
Schedule for Week of Aug 12th

When the Q2 GDP report was released, I focused on the revisions and didn't post the usual graph showing the real GDP change since 1980. By request, here is an update.

The graph shows the annualized real quarterly change in GDP from 1980 through Q2 2012.

Real GDP Percent Change
Click on graph for larger image.

For Q2, the BEA's advance estimate was 1.5%. Since Q3 2009, GDP has been positive every quarter and averaged about 2.2% real growth.

Another way to look at GDP is on a rolling year-over-year basis. See Tim Duy's graphs at US Baseline

Note: I've also update several graphs in the GDP graph gallery. See: GDP Graphs