GNP Lag Measurments 1950 to '59
Figures in billions of dollars. Growth factor is year to year net change. Growth factor used is the year to year net change. Lag happen when actuals are equal or greater than sliding projections. Source: Economics, 7th Ed., by Lipsey, Steiner, Purvis/Economic Report of the President 1983.
Note: These are *NOT* the time conversions.
| year |
gnp |
prev |
nc |
proj |
lag y0 |
lag y1 |
lag y2 |
lag y3 |
lag y4 |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| 1950 |
286 |
|
|
|
|
|
|
|
|
|
|
|
| 1951 |
331 |
286 |
45 |
376 |
88.0% |
|
|
|
|
|
|
|
| 1952 |
348 |
331 |
17 |
365 |
95.3% |
92.6% |
|
|
|
|
|
|
| 1953 |
367 |
348 |
19 |
386 |
95.1% |
100.5% |
97.6% |
|
|
|
|
|
| 1954 |
367 |
367 |
0 |
367 |
100.0% |
95.1% |
100.5% |
97.6% |
|
|
|
|
| 1955 |
400 |
367 |
33 |
433 |
92.4% |
109.0% |
103.6% |
109.6% |
106.4% |
|
|
|
| 1956 |
422 |
400 |
22 |
444 |
95.0% |
97.5% |
115.0% |
109.3% |
115.6% |
|
|
|
| 1957 |
444 |
422 |
22 |
466 |
95.3% |
100.0% |
102.5% |
121.0% |
115.0% |
|
|
|
| 1958 |
450 |
444 |
6 |
456 |
98.7% |
96.6% |
101.4% |
103.9% |
122.6% |
|
|
|
| 1959 |
488 |
450 |
38 |
526 |
92.8% |
107.0% |
104.7% |
109.9% |
112.7% |
|
|
|
| Last Updated on 1/16/99 |
Last Updated on 2/2/99
By WC Simpson
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