You are in: Home > U.S Economic and Productivity Chart and Analysis
Data Stats: Advanced Statistical Analysis/Process Improvement/Enterprise Solutions/Profit Enhancement for Small Business
Google
wwwdatastats.com      
International Weather Forecasts

Old Bridge, NJ time and temperature. Click for Old Bridge New Jersey Forecast











We don't make a product, we help you make yours more profitable!

Home Enlighten Thoughts Business Toolkit Traveler's Toolkit Engineer's Toolkit About Data Stats EspaŮol
Mission Statement Contact Info FAQ About Our Services Newsletter Reg. and Comments Twenty Nickels (Current) Twenty Nickels (Archives) PortuguÍs
Advisory Board Archives Resources Page First time visitor? Need a site orientation? GO Here!


IQ14 to IVQ17 GDP (% Yearly Change) vs. Productivity (% Yearly Change)

United States Gross Domestic Product vs. Productivity Growth




United States Gross Domestic Product vs. Productivity
(Year to Quarter)
Quarter/Year GDP (% Change) Productivity (% Change)
II/2014
2.6
1.1
III/2014
2.4
0.7
IV/2014
2.4
-0.1
I/2015
2.9*
0.3
II/2015
2.7
0.7*
III/2015
2.2
0.6
IV/2015
2.0
0.5
I/2016
1.6*
0.7
II/2016
1.3
-0.4
III/2016
1.7
0
IV/2016
2.0
1
I/2017
2.0*
1.2
II/2017
2.2
1.2
III/2017
2.3
1.4
IV/2017
2.6
1.1
I/2018
2.9
1.3
* Revised from Final Report

If you haven't done so yet, we recommend that you review the section on how we suggest this data should be interpeted.


Economic Analysis

Unless otherwise stated all references to Gross Domestic Product (GDP) or Productivity is based on year to quarter data.

Both GDP and Productivity showed some slight improvement during the first quarter of 2018. Actually, the Bureau of Economic Analysis (BEA) listed the GDP as advancing only 2.0%. However, are own analysis (using BEA data) calculated the data to be a slightly better 2.8%. Our method does calculate GDP differently than the BEA, however we believe it to more accurately represent the state of the economy.

The advance data for the second quarter of 2018 predicts a 4.1% increase. Since the first quarter BEA number was poor, their methodology will make the second quarter look better than actually is the case. We will have to wait another two months to get their final figures.

The first quarter GDP number is the same as the first quarter of 2015. The second quarter of 2015 fell back toward the circled area and the third quarter fell into the enclosed area. The same can happen in 2018. The alternative is that growth can continue. It is too early to tell. All we could do is watch the trends for growth or a recession.

A clear advantage is that Productivity is up by about 1.0%. This, of course, makes each unit cheaper to make than in 2015.


Raymond D. Matkowsky


Top Of Page