Tuesday, November 5, 2013

Nice graphs showing trends in GDP and the Labor Markets...

Here some valuable metrics that give some perspective on the state of the economy and its short and long(er) term prospects.  These are unusual in that they give a band (shaded BLUE) for margin of error. Having just studied GDP and Unemployment in class, the top right and bottom right graphs are very helpful.

Source: Dave Reifschneider, William Wascher, and David Wilcox, Federal Reserve Board
Source:  Wonkblog

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