Showing posts with label GDP. Show all posts
Showing posts with label GDP. Show all posts
Monday, February 24, 2025

US Economy by State vs the EU by Country: Fair Comparison?

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The US economy is 33% larger than the EU economy.  The population of the US is approx 345 million. The EU's population is approximately ...
Friday, August 25, 2017

Potential Real GDP vs Actual Real GDP and the PPF.

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Here is a  nice illustration of "Potential Real GDP" vs "Actual Real GDP.  Potential GDP is an estimate at a given point in t...
Friday, June 13, 2014

Updated map showing US Gross State Product (GSP) vs the Rest of the World. Students love this!

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Mark Perry over at AEI has quickly put together the latest (2013) "Gross STATE Product (GSP)" data onto a map that students find i...
Wednesday, February 19, 2014

Half of the US GDP is produced in very small geographic sections of the country. What is up with the rest of the US?

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Not a fair question, as I will address below... This graphic has been passed around the Twitter-sphere so much I do not know its origin...
Monday, August 6, 2012

LARGE infographic showing the scale and scope of the US economy. Some interesting facts and figures...

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[Source: U.S. Census Bureau ]
Sunday, July 22, 2012

Find out how your city/region would fare in terms of GDP if it was its own country.

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Here is a world GDP (Gross Domestic Product) ranking by country AND with the added twist of including the dollar value of production of good...
2 comments:
Friday, November 4, 2011

GDP vs EMPLOYMENT...This is THE graph people FOR and AGAINST the OWS protesters need to see and think about...

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In AP Macroeconomics we teach students there is a direct relationship between changes in Real GDP and Employment (or an inverse relationship...
Sunday, October 30, 2011

Nice podcast from NPR on the pitfalls of measuring GDP. Good stuff!

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Measuring Gross Domestic Product (GDP) is a daunting task, especially in an economy like the US which so large and has many moving parts.  ...
Tuesday, October 18, 2011

"Don't Cry for Dallas/Ft Worth, Argentina"---See how US cities stack up in production of goods and services relative to whole countries...

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The US economy is STILL a GDP producing monster, even in the midst of a recession/near-recession. Below is a comparison of US cities dollar ...
Sunday, September 11, 2011

Here is my short take on why we are in between the proverbial rock and a hard place in terms of the economy...I think this is a worthy two cents...

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I can see alot by looking at numbers. One source of our economic problems can be seen in just looking at one key government statistic. Gro...
Monday, August 1, 2011

Excellent Graphic and Article Explaining the Four Components of GDP. Good Stuff...

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Here is an excellent graphic showing the 4 components of GDP using the Expenditure Method of counting Gross Domestic Product and the full ar...
Tuesday, June 21, 2011

Texas IS just like China---well, in this one regard anyway...

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Texas one of the fastest growing states in the last ten years in terms of Gross State Product (GSP)---the dollar value of the production of ...
Saturday, January 29, 2011

GDP is back to Pre-Recession Level!! Why has the unemployment rate not followed suit? Is a hiring binge around the corner?

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The latest report on Gross Domestic Product (GDP) released on Friday shows the US economy is back to the pre-recession level of Real GDP. ...
Monday, January 24, 2011

The bright side to Imports---They help us Export! Huh? Answer within...

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I was quite surprised by this graph. A little over half of the dollar value of  imports into the US are in the form of inputs---goods used a...
Friday, January 14, 2011

Updated Map comparing each US States production of goods and services relative to another countries production...Fun times with GSP and GDP!!

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Each State has a Gross State Product (GSP)---the dollar value of its production of goods and services in a calendar year.  If you add up eac...
1 comment:
Monday, November 8, 2010

Nice interactive graph on key mesurements of US economy, demographics, politics...

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Nice Interactive graphic on the US from The Economist... http://www.economist.com/blogs/dailychart/2010/11/us_interactive_guide "...
Friday, October 29, 2010

Another nice graph of Actual RGDP relative to Potential RGDP...Impress your High School (guess that is me) or College Econ teacher with this knowledge

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Another nice graphic illustrating the output gap, which is the difference between what we actually produce and the output potential of our e...
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Tuesday, October 5, 2010

Actual Real GDP vs Potential Real GDP...VERY nice interactive graph for this IMPORTANT concept

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     These graphs below are part of an interactive available HERE on the relationship between ACTUAL RGDP and POTENTIAL RGDP.  In addressin...
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