Answers to Frequently Asked Questions regarding recession, recovery and GDP

Posted on August 8, 2011 by Administrator

From The U.S. Bureau of Economic Analysis

How did the recent GDP revisions change the picture of the 2007–2009 recession and the recovery?

Why has the initial estimate of real GDP for the fourth quarter of 2008 been revised down so much?

How reliable are BEA’s early GDP estimates and revisions?

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