US GDP: Can We Blame the Grinch for Yet Another Downward Revision?
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The latest data show yet another downward revision of US Q3 GDP. The just-released third revision shows growth of only 1.8 percent, compared to 2.0 percent reported in November and 2.5 percent reported in October. Can we blame the Grinch who stole Christmas?
![US GDP Growth Q3 2011 ,[object Object],[object Object],[object Object],Posted Dec. 23, 2011 on Ed Dolan’s Econ Blog http://dolanecon.blogspot.com](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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US GDP: Can We Blame the Grinch for Yet Another Downward Revision?
- 1. Data for the Classroom from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/ US GDP: Can We Blame the Grinch for Yet Another Downward Revision of Growth? Posted Dec. 23, 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.