GNP Lag Measurement 1970 to '82
Figures in billions of dollars. Growth factor is year to year net change. Lag happens when actuals are equal or greater than the sliding projections. Figures for 1982 are preliminary. 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 |
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| 1970 |
993 |
|
|
|
|
|
|
|
|
|
|
|
|
| 1971 |
1078 |
993 |
85 |
1163 |
92.7% |
|
|
|
|
|
|
|
|
| 1972 |
1186 |
1078 |
108 |
1294 |
91.7% |
102.0% |
|
|
|
|
|
|
|
| 1973 |
1326 |
1186 |
140 |
1466 |
90.5% |
102.5% |
114.0% |
|
|
|
|
|
|
| 1974 |
1434 |
1326 |
108 |
1542 |
93.0% |
97.8% |
110.8% |
|
|
|
|
|
|
| 1975 |
1549 |
1434 |
115 |
1664 |
93.1% |
100.5% |
105.7% |
|
|
|
|
|
|
| 1976 |
1718 |
1549 |
169 |
1887 |
91.0% |
103.2% |
111.4% |
|
|
|
|
|
|
| 1977 |
1918 |
1718 |
200 |
2118 |
90.6% |
101.6% |
115.3% |
|
|
|
|
|
|
| 1978 |
2164 |
1918 |
246 |
2410 |
89.8% |
102.2% |
114.7% |
|
|
|
|
|
|
| 1979 |
2418 |
2164 |
254 |
2672 |
90.5% |
100.3% |
114.2% |
|
|
|
|
|
|
| 1980 |
2633 |
2418 |
215 |
2848 |
92.5% |
98.5% |
109.3% |
|
|
|
|
|
|
| 1981 |
2938 |
2633 |
305 |
3243 |
90.6% |
103.2% |
110.0% |
|
|
|
|
|
|
| 1982 |
3058 |
2938 |
120 |
3178 |
96.2% |
94.3% |
107.4% |
|
|
|
|
|
|
Last Updated on 1/16/99
Last Updated on 2/2/99
By WC Simpson
|
|
|