Journal Article

Real GDP in annual revisions to the U.S. National accounts: 1966-2011

Abstract: On July 29, 2011, the U.S. Bureau of Economic Analysis (BEA) released a flexible annual revision to the U.S. national income and product accounts. Real GDP growth was subject to large downward revisions. I use the Philadelphia Fed's real-time data set to compare the size of the recent revision with that of past annual revisions since 1966.

Keywords: Real GDP;

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Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Research Rap Special Report

Publication Date: 2011

Issue: Aug

Order Number: 1