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Are revisions to state-level GDP data in the US well behaved?

Author

Listed:
  • Mitchell, James
  • Shiroff, Taylor

Abstract

No: Revisions to first estimates of quarterly state-level GDP growth tend to be biased, large, and/or predictable using information known at the time of the first estimate.

Suggested Citation

  • Mitchell, James & Shiroff, Taylor, 2025. "Are revisions to state-level GDP data in the US well behaved?," Economics Letters, Elsevier, vol. 254(C).
    • Handle: RePEc:eee:ecolet:v:254:y:2025:i:c:s0165176525002447
    DOI: 10.1016/j.econlet.2025.112407
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    Keywords

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    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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