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Chapter 22 - Measuring a Nation’s Income
Data on Income and Output
The official source of data on the performance of the overall U.S.
economy is the Bureau of Economic Analysis. There are tables and charts that
illustrate the data.
Data Charts
It’s easy to find raw data, but much harder to have it plotted in a way
that helps you understand what it means. Check out all the charts
available at Economagic.com:
Economic Time Series Page. Not only can you chart the economic
data on GDP, but many other series, including interest rates,
retail sales, and unemployment, plus lots of data in Federal Reserve
data banks.
Interpreting the Data
Once you’ve got your data and plotted it nicely, what does it
mean? There is a small industry in interpreting data, mostly for a
price. But a nice web site that provides free data analysis is that
of Economic Information Systems.
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