Wednesday, July 30, 2014

Recent economic growth

Average annualized growth of real GDP per capita (FRED series A939RX0Q048SBEA)

3.2% last quarter
0.2% last two quarters (i.e., 2013-Q4 through 2014-Q2)
1.1% last three quarters
1.7% last four quarters

Note that the 0.2% does not use any data from the "bad winter" (2014-Q1): it is just the annualized percentage difference between 2013-Q4 and 2014-Q2.