U.S. and Canadian GDP
U.S. and Canadian Fourth-Quarter 2013 GDP Growth
February 28, 2014
U.S. real GDP grew 11% in the 4.5-year-long recovery but just 6.2% since the last business cycle peak in 4Q07. That works out to a 1.0% per year rate of expansion over the last six years. Although measuring the discrepancy between actual GDP and potential GDP is fraught with error, it’s quite clear that the […] More