Wikimedia Commons

File:U.S. GDP - Real vs. Potential Per CBO Forecasts of 2007 and 2016.png

Original file ‎(1,005 × 459 pixels, file size: 21 KB, MIME type: image/png)

Captions

Captions

Add a one-line explanation of what this file represents

Understanding the chart

edit

The chart compares two CBO projections of real potential GDP (the GDP amount the economy could theoretically produce at full employment) with actual real GDP. It shows how the Great Recession of 2007-2009 has impacted the trajectory. It is an updated version of a chart first presented by economist Lawrence Summers in February 2014 [1] and was more recently updated in a New York Times article by Neil Irwin in August, 2016.[2]

Summary

edit
Description
English: This chart compares U.S. potential GDP under two CBO forecasts (one from 2007 and one from 2016) versus the actual real GDP. It is based on a similar diagram from economist Larry Summers from 2014.
Date
Source Own work
Author Farcaster

References

edit
  1. ↑ Lawrence Summers-U.S. Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound-February 2014
  2. ↑ NYT-Neil Irwin-We're in a low-growth world. How did we get here? August 6, 2016

Licensing

edit
I, the copyright holder of this work, hereby publish it under the following license:
w:en:Creative Commons
attribution share alike
This file is licensed under the Creative Commons Attribution-Share Alike 4.0 International license.
You are free:
  • to share – to copy, distribute and transmit the work
  • to remix – to adapt the work
Under the following conditions:
  • attribution – You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  • share alike – If you remix, transform, or build upon the material, you must distribute your contributions under the same or compatible license as the original.

File history

Click on a date/time to view the file as it appeared at that time.

Date/TimeThumbnailDimensionsUserComment
current02:26, 21 July 2016Thumbnail for version as of 02:26, 21 July 20161,005 × 459 (21 KB)Farcaster (talk | contribs)User created page with UploadWizard

You cannot overwrite this file.

There are no pages that use this file.

File usage on other wikis

The following other wikis use this file:

Metadata

This file contains additional information such as Exif metadata which may have been added by the digital camera, scanner, or software program used to create or digitize it. If the file has been modified from its original state, some details such as the timestamp may not fully reflect those of the original file. The timestamp is only as accurate as the clock in the camera, and it may be completely wrong.

Retrieved from "https://commons.wikimedia.org/w/index.php?title=File:U.S._GDP_-_Real_vs._Potential_Per_CBO_Forecasts_of_2007_and_2016.png&oldid=710094706"