SlideShare a Scribd company logo
1 of 5
Data for the Classroom from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/ US GDP: Downward Revision of Q3 Growth Strengthens Case for New Stimulus Posted  Nov 24, 2011 Terms of Use:  These slides are made available under Creative Commons License  Attribution—Share Alike 3.0  . You are free to use these slides as a resource for your economics classes together with whatever textbook you are using. If you like the slides, you may also want to take a look at my textbook,  Introduction to Economics ,  from BVT Publishers.
US GDP Growth Q3 2011  ,[object Object],[object Object],[object Object],Posted Nov. 24, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com
Even with Downward Revision, Economy Still in Expansion ,[object Object],[object Object],[object Object],[object Object],Posted Nov. 24, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com
Sources of US GDP Growth in Q3 2011  ,[object Object],[object Object],[object Object],[object Object],Posted Nov. 24, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com Table shows the contribution of each sector to the 2% total GDP growth in Q3, 2011
Nominal GDP Growth Equals Trend, Gap Remains Large ,[object Object],[object Object],[object Object],[object Object],Posted Nov. 24, 2011 on Ed Dolan’s Econ Blog  http://dolanecon.blogspot.com

More Related Content

More from Ed Dolan

China's Crumbling Rare Earth Monopoly
China's Crumbling Rare Earth MonopolyChina's Crumbling Rare Earth Monopoly
China's Crumbling Rare Earth MonopolyEd Dolan
 
Consumer and Producer Surplus: A Tutorial
Consumer and Producer Surplus: A TutorialConsumer and Producer Surplus: A Tutorial
Consumer and Producer Surplus: A TutorialEd Dolan
 
Why Fear Deflation? A Tutorial
Why Fear Deflation? A TutorialWhy Fear Deflation? A Tutorial
Why Fear Deflation? A TutorialEd Dolan
 
Real and Nominal Exchange Rates: A Tutorial
Real and Nominal Exchange Rates: A TutorialReal and Nominal Exchange Rates: A Tutorial
Real and Nominal Exchange Rates: A TutorialEd Dolan
 
US GDP Grows at 5 Percent in Q3 2014, Best of Recovery
US GDP Grows at 5 Percent in Q3 2014, Best of RecoveryUS GDP Grows at 5 Percent in Q3 2014, Best of Recovery
US GDP Grows at 5 Percent in Q3 2014, Best of RecoveryEd Dolan
 
The Economics of a Price-Smoothing Oil Tax
The Economics of a Price-Smoothing Oil TaxThe Economics of a Price-Smoothing Oil Tax
The Economics of a Price-Smoothing Oil TaxEd Dolan
 
Quantitative Easing and the Fed 2008-2014: A Tutorial
Quantitative Easing and the Fed 2008-2014: A TutorialQuantitative Easing and the Fed 2008-2014: A Tutorial
Quantitative Easing and the Fed 2008-2014: A TutorialEd Dolan
 
As Exports Soar, US Economy Closes in on Fed's Targets
As Exports Soar, US Economy Closes in on Fed's TargetsAs Exports Soar, US Economy Closes in on Fed's Targets
As Exports Soar, US Economy Closes in on Fed's TargetsEd Dolan
 
Do Banks Take Excessive Risks?
Do Banks Take Excessive Risks?Do Banks Take Excessive Risks?
Do Banks Take Excessive Risks?Ed Dolan
 
US Adds 204,000 Jobs in October Despite Shutdown
US Adds 204,000 Jobs in October Despite ShutdownUS Adds 204,000 Jobs in October Despite Shutdown
US Adds 204,000 Jobs in October Despite ShutdownEd Dolan
 
US Economy Adds 195,000 Payroll Jobs in June
US Economy Adds 195,000 Payroll Jobs in JuneUS Economy Adds 195,000 Payroll Jobs in June
US Economy Adds 195,000 Payroll Jobs in JuneEd Dolan
 
US GDP Growth Revised Downward on Falling Exports
US GDP Growth Revised Downward on Falling ExportsUS GDP Growth Revised Downward on Falling Exports
US GDP Growth Revised Downward on Falling ExportsEd Dolan
 
Breakup of the Ruble Area: Lessons for the Euro
Breakup of the Ruble Area: Lessons for the EuroBreakup of the Ruble Area: Lessons for the Euro
Breakup of the Ruble Area: Lessons for the EuroEd Dolan
 
US Labor Market Shows Moderate Gains in May
US Labor Market Shows Moderate Gains in MayUS Labor Market Shows Moderate Gains in May
US Labor Market Shows Moderate Gains in MayEd Dolan
 
US GDP Grows 2.4% in Q1, but Government and Export Sectors Weaken
US GDP Grows 2.4% in Q1, but Government and Export Sectors WeakenUS GDP Grows 2.4% in Q1, but Government and Export Sectors Weaken
US GDP Grows 2.4% in Q1, but Government and Export Sectors WeakenEd Dolan
 
US Unemployment Rate falls to 7.5 percent in April; Job Gains Revised Up
US Unemployment Rate falls to 7.5 percent in April; Job Gains Revised UpUS Unemployment Rate falls to 7.5 percent in April; Job Gains Revised Up
US Unemployment Rate falls to 7.5 percent in April; Job Gains Revised UpEd Dolan
 
Why Hasn't the US become another Greece?
Why Hasn't the US become another Greece?Why Hasn't the US become another Greece?
Why Hasn't the US become another Greece?Ed Dolan
 
US GDP Growth Weak in Q4 But Profits Strong
US GDP Growth Weak in Q4 But Profits StrongUS GDP Growth Weak in Q4 But Profits Strong
US GDP Growth Weak in Q4 But Profits StrongEd Dolan
 
Tutorial on Bank Failures and Bank Rescues
Tutorial on Bank Failures and Bank RescuesTutorial on Bank Failures and Bank Rescues
Tutorial on Bank Failures and Bank RescuesEd Dolan
 
US CPI Inflation Remains Near Zero as Sequester Looms
US CPI Inflation Remains Near Zero as Sequester LoomsUS CPI Inflation Remains Near Zero as Sequester Looms
US CPI Inflation Remains Near Zero as Sequester LoomsEd Dolan
 

More from Ed Dolan (20)

China's Crumbling Rare Earth Monopoly
China's Crumbling Rare Earth MonopolyChina's Crumbling Rare Earth Monopoly
China's Crumbling Rare Earth Monopoly
 
Consumer and Producer Surplus: A Tutorial
Consumer and Producer Surplus: A TutorialConsumer and Producer Surplus: A Tutorial
Consumer and Producer Surplus: A Tutorial
 
Why Fear Deflation? A Tutorial
Why Fear Deflation? A TutorialWhy Fear Deflation? A Tutorial
Why Fear Deflation? A Tutorial
 
Real and Nominal Exchange Rates: A Tutorial
Real and Nominal Exchange Rates: A TutorialReal and Nominal Exchange Rates: A Tutorial
Real and Nominal Exchange Rates: A Tutorial
 
US GDP Grows at 5 Percent in Q3 2014, Best of Recovery
US GDP Grows at 5 Percent in Q3 2014, Best of RecoveryUS GDP Grows at 5 Percent in Q3 2014, Best of Recovery
US GDP Grows at 5 Percent in Q3 2014, Best of Recovery
 
The Economics of a Price-Smoothing Oil Tax
The Economics of a Price-Smoothing Oil TaxThe Economics of a Price-Smoothing Oil Tax
The Economics of a Price-Smoothing Oil Tax
 
Quantitative Easing and the Fed 2008-2014: A Tutorial
Quantitative Easing and the Fed 2008-2014: A TutorialQuantitative Easing and the Fed 2008-2014: A Tutorial
Quantitative Easing and the Fed 2008-2014: A Tutorial
 
As Exports Soar, US Economy Closes in on Fed's Targets
As Exports Soar, US Economy Closes in on Fed's TargetsAs Exports Soar, US Economy Closes in on Fed's Targets
As Exports Soar, US Economy Closes in on Fed's Targets
 
Do Banks Take Excessive Risks?
Do Banks Take Excessive Risks?Do Banks Take Excessive Risks?
Do Banks Take Excessive Risks?
 
US Adds 204,000 Jobs in October Despite Shutdown
US Adds 204,000 Jobs in October Despite ShutdownUS Adds 204,000 Jobs in October Despite Shutdown
US Adds 204,000 Jobs in October Despite Shutdown
 
US Economy Adds 195,000 Payroll Jobs in June
US Economy Adds 195,000 Payroll Jobs in JuneUS Economy Adds 195,000 Payroll Jobs in June
US Economy Adds 195,000 Payroll Jobs in June
 
US GDP Growth Revised Downward on Falling Exports
US GDP Growth Revised Downward on Falling ExportsUS GDP Growth Revised Downward on Falling Exports
US GDP Growth Revised Downward on Falling Exports
 
Breakup of the Ruble Area: Lessons for the Euro
Breakup of the Ruble Area: Lessons for the EuroBreakup of the Ruble Area: Lessons for the Euro
Breakup of the Ruble Area: Lessons for the Euro
 
US Labor Market Shows Moderate Gains in May
US Labor Market Shows Moderate Gains in MayUS Labor Market Shows Moderate Gains in May
US Labor Market Shows Moderate Gains in May
 
US GDP Grows 2.4% in Q1, but Government and Export Sectors Weaken
US GDP Grows 2.4% in Q1, but Government and Export Sectors WeakenUS GDP Grows 2.4% in Q1, but Government and Export Sectors Weaken
US GDP Grows 2.4% in Q1, but Government and Export Sectors Weaken
 
US Unemployment Rate falls to 7.5 percent in April; Job Gains Revised Up
US Unemployment Rate falls to 7.5 percent in April; Job Gains Revised UpUS Unemployment Rate falls to 7.5 percent in April; Job Gains Revised Up
US Unemployment Rate falls to 7.5 percent in April; Job Gains Revised Up
 
Why Hasn't the US become another Greece?
Why Hasn't the US become another Greece?Why Hasn't the US become another Greece?
Why Hasn't the US become another Greece?
 
US GDP Growth Weak in Q4 But Profits Strong
US GDP Growth Weak in Q4 But Profits StrongUS GDP Growth Weak in Q4 But Profits Strong
US GDP Growth Weak in Q4 But Profits Strong
 
Tutorial on Bank Failures and Bank Rescues
Tutorial on Bank Failures and Bank RescuesTutorial on Bank Failures and Bank Rescues
Tutorial on Bank Failures and Bank Rescues
 
US CPI Inflation Remains Near Zero as Sequester Looms
US CPI Inflation Remains Near Zero as Sequester LoomsUS CPI Inflation Remains Near Zero as Sequester Looms
US CPI Inflation Remains Near Zero as Sequester Looms
 

Recently uploaded

Modern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
Modern Roaming for Notes and Nomad – Cheaper Faster Better StrongerModern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
Modern Roaming for Notes and Nomad – Cheaper Faster Better Strongerpanagenda
 
[Webinar] SpiraTest - Setting New Standards in Quality Assurance
[Webinar] SpiraTest - Setting New Standards in Quality Assurance[Webinar] SpiraTest - Setting New Standards in Quality Assurance
[Webinar] SpiraTest - Setting New Standards in Quality AssuranceInflectra
 
React Native vs Ionic - The Best Mobile App Framework
React Native vs Ionic - The Best Mobile App FrameworkReact Native vs Ionic - The Best Mobile App Framework
React Native vs Ionic - The Best Mobile App FrameworkPixlogix Infotech
 
Glenn Lazarus- Why Your Observability Strategy Needs Security Observability
Glenn Lazarus- Why Your Observability Strategy Needs Security ObservabilityGlenn Lazarus- Why Your Observability Strategy Needs Security Observability
Glenn Lazarus- Why Your Observability Strategy Needs Security Observabilityitnewsafrica
 
Bridging Between CAD & GIS: 6 Ways to Automate Your Data Integration
Bridging Between CAD & GIS:  6 Ways to Automate Your Data IntegrationBridging Between CAD & GIS:  6 Ways to Automate Your Data Integration
Bridging Between CAD & GIS: 6 Ways to Automate Your Data Integrationmarketing932765
 
Merck Moving Beyond Passwords: FIDO Paris Seminar.pptx
Merck Moving Beyond Passwords: FIDO Paris Seminar.pptxMerck Moving Beyond Passwords: FIDO Paris Seminar.pptx
Merck Moving Beyond Passwords: FIDO Paris Seminar.pptxLoriGlavin3
 
2024 April Patch Tuesday
2024 April Patch Tuesday2024 April Patch Tuesday
2024 April Patch TuesdayIvanti
 
Decarbonising Buildings: Making a net-zero built environment a reality
Decarbonising Buildings: Making a net-zero built environment a realityDecarbonising Buildings: Making a net-zero built environment a reality
Decarbonising Buildings: Making a net-zero built environment a realityIES VE
 
Moving Beyond Passwords: FIDO Paris Seminar.pdf
Moving Beyond Passwords: FIDO Paris Seminar.pdfMoving Beyond Passwords: FIDO Paris Seminar.pdf
Moving Beyond Passwords: FIDO Paris Seminar.pdfLoriGlavin3
 
Passkey Providers and Enabling Portability: FIDO Paris Seminar.pptx
Passkey Providers and Enabling Portability: FIDO Paris Seminar.pptxPasskey Providers and Enabling Portability: FIDO Paris Seminar.pptx
Passkey Providers and Enabling Portability: FIDO Paris Seminar.pptxLoriGlavin3
 
QCon London: Mastering long-running processes in modern architectures
QCon London: Mastering long-running processes in modern architecturesQCon London: Mastering long-running processes in modern architectures
QCon London: Mastering long-running processes in modern architecturesBernd Ruecker
 
Abdul Kader Baba- Managing Cybersecurity Risks and Compliance Requirements i...
Abdul Kader Baba- Managing Cybersecurity Risks  and Compliance Requirements i...Abdul Kader Baba- Managing Cybersecurity Risks  and Compliance Requirements i...
Abdul Kader Baba- Managing Cybersecurity Risks and Compliance Requirements i...itnewsafrica
 
Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24
Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24
Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24Mark Goldstein
 
Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...
Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...
Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...Alkin Tezuysal
 
A Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptxA Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptxLoriGlavin3
 
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptxThe Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptxLoriGlavin3
 
So einfach geht modernes Roaming fuer Notes und Nomad.pdf
So einfach geht modernes Roaming fuer Notes und Nomad.pdfSo einfach geht modernes Roaming fuer Notes und Nomad.pdf
So einfach geht modernes Roaming fuer Notes und Nomad.pdfpanagenda
 
New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024
New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024
New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024BookNet Canada
 
A Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software DevelopersA Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software DevelopersNicole Novielli
 
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...Nikki Chapple
 

Recently uploaded (20)

Modern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
Modern Roaming for Notes and Nomad – Cheaper Faster Better StrongerModern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
Modern Roaming for Notes and Nomad – Cheaper Faster Better Stronger
 
[Webinar] SpiraTest - Setting New Standards in Quality Assurance
[Webinar] SpiraTest - Setting New Standards in Quality Assurance[Webinar] SpiraTest - Setting New Standards in Quality Assurance
[Webinar] SpiraTest - Setting New Standards in Quality Assurance
 
React Native vs Ionic - The Best Mobile App Framework
React Native vs Ionic - The Best Mobile App FrameworkReact Native vs Ionic - The Best Mobile App Framework
React Native vs Ionic - The Best Mobile App Framework
 
Glenn Lazarus- Why Your Observability Strategy Needs Security Observability
Glenn Lazarus- Why Your Observability Strategy Needs Security ObservabilityGlenn Lazarus- Why Your Observability Strategy Needs Security Observability
Glenn Lazarus- Why Your Observability Strategy Needs Security Observability
 
Bridging Between CAD & GIS: 6 Ways to Automate Your Data Integration
Bridging Between CAD & GIS:  6 Ways to Automate Your Data IntegrationBridging Between CAD & GIS:  6 Ways to Automate Your Data Integration
Bridging Between CAD & GIS: 6 Ways to Automate Your Data Integration
 
Merck Moving Beyond Passwords: FIDO Paris Seminar.pptx
Merck Moving Beyond Passwords: FIDO Paris Seminar.pptxMerck Moving Beyond Passwords: FIDO Paris Seminar.pptx
Merck Moving Beyond Passwords: FIDO Paris Seminar.pptx
 
2024 April Patch Tuesday
2024 April Patch Tuesday2024 April Patch Tuesday
2024 April Patch Tuesday
 
Decarbonising Buildings: Making a net-zero built environment a reality
Decarbonising Buildings: Making a net-zero built environment a realityDecarbonising Buildings: Making a net-zero built environment a reality
Decarbonising Buildings: Making a net-zero built environment a reality
 
Moving Beyond Passwords: FIDO Paris Seminar.pdf
Moving Beyond Passwords: FIDO Paris Seminar.pdfMoving Beyond Passwords: FIDO Paris Seminar.pdf
Moving Beyond Passwords: FIDO Paris Seminar.pdf
 
Passkey Providers and Enabling Portability: FIDO Paris Seminar.pptx
Passkey Providers and Enabling Portability: FIDO Paris Seminar.pptxPasskey Providers and Enabling Portability: FIDO Paris Seminar.pptx
Passkey Providers and Enabling Portability: FIDO Paris Seminar.pptx
 
QCon London: Mastering long-running processes in modern architectures
QCon London: Mastering long-running processes in modern architecturesQCon London: Mastering long-running processes in modern architectures
QCon London: Mastering long-running processes in modern architectures
 
Abdul Kader Baba- Managing Cybersecurity Risks and Compliance Requirements i...
Abdul Kader Baba- Managing Cybersecurity Risks  and Compliance Requirements i...Abdul Kader Baba- Managing Cybersecurity Risks  and Compliance Requirements i...
Abdul Kader Baba- Managing Cybersecurity Risks and Compliance Requirements i...
 
Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24
Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24
Arizona Broadband Policy Past, Present, and Future Presentation 3/25/24
 
Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...
Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...
Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...
 
A Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptxA Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptx
 
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptxThe Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
 
So einfach geht modernes Roaming fuer Notes und Nomad.pdf
So einfach geht modernes Roaming fuer Notes und Nomad.pdfSo einfach geht modernes Roaming fuer Notes und Nomad.pdf
So einfach geht modernes Roaming fuer Notes und Nomad.pdf
 
New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024
New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024
New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024
 
A Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software DevelopersA Journey Into the Emotions of Software Developers
A Journey Into the Emotions of Software Developers
 
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
Microsoft 365 Copilot: How to boost your productivity with AI – Part one: Ado...
 

Downward Revision to US GDP Stregthens Case for New Stimulus

  • 1. Data for the Classroom from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/ US GDP: Downward Revision of Q3 Growth Strengthens Case for New Stimulus Posted Nov 24, 2011 Terms of Use: These slides are made available under Creative Commons License Attribution—Share Alike 3.0 . You are free to use these slides as a resource for your economics classes together with whatever textbook you are using. If you like the slides, you may also want to take a look at my textbook, Introduction to Economics , from BVT Publishers.
  • 2.
  • 3.
  • 4.
  • 5.