Potential Real GDP

posted in: GDP | 0

The CBO calculates a measure of potential real GDP for the US, which is its view of how much the economy could produce if it were operating at full capacity.  Below is a chart of the current output gap based … Continued

Can Sandy Boost GDP?

posted in: GDP, Hurricane Sandy | 0

There seems to be some debate about how much Sandy will affect the economy.  Some think that it will provide a real boost to GDP; others are skeptical.  While it’s not possible to know for certain how much will be … Continued