1/25/24

Real GDP in the USA grew by 2.5% in 2023 after 1.9% in 2022

Real GDP in the USA grew by 2.5% in 2023 after 1.9% in 2022.  Figure 1 below demonstrates the falling annual growth rate. We have to take into account the “mechanical” component of real GDP growth as related to the immigration - the population growth is much higher than the BLS reports.  Figure 2 presents the growth rate of real GDP per capita. The data for the most recent years are likely corrupted by the hidden population growth. 


Figure 1. 

Figure 2. 





 

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Prediction of the Kamchatka July 29, 2025, earthquake by the evolution of low-magnitude seismicity recovered using waveform cross-correlation at IMS seismic arrays (Part 2)

  There are dozens of REB events in Figure 21 that are not matched in the XSEL. The reason behind this underperformance could be related to ...