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. 





 

No comments:

Post a Comment

Why Musk in a win position against Trump

 The whole MT feud is about interests. M has invested in promotion of own interest. T accepted this investment. It did not work from T side....