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Real GDP in annual revisions to the U.S. National accounts: 1966-2011

Author

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  • Tom Stark

Abstract

On July 29, 2011, the U.S. Bureau of Economic Analysis (BEA) released a flexible annual revision to the U.S. national income and product accounts. Real GDP growth was subject to large downward revisions. I use the Philadelphia Fed's real-time data set to compare the size of the recent revision with that of past annual revisions since 1966.

Suggested Citation

  • Tom Stark, 2011. "Real GDP in annual revisions to the U.S. National accounts: 1966-2011," Research Rap Special Report, Federal Reserve Bank of Philadelphia, issue Aug.
  • Handle: RePEc:fip:fedprr:00002
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    Keywords

    Real GDP;

    Statistics

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